Section 448.3-102 – Powers of unit owners’ association.
Effective – 28 Aug 1983 448.3-102. Powers of unit owners’ association. — 1. Subject to the provisions of the declaration, the association, even if unincorporated, may: (1) Adopt and amend bylaws and rules and regulations; (2) Adopt and amend budgets for revenues, expenditures, and reserves and collect assessments for common expenses from unit owners; (3) […]
Section 448.3-103 – Executive board members and officers.
Effective – 28 Aug 1983 448.3-103. Executive board members and officers. — 1. Except as provided in the declaration, the bylaws, subsection 2 of this section, or other provisions of sections 448.1-101 to 448.4-120, the executive board may act in all instances on behalf of the association. In the performance of their duties, the officers […]
Section 448.3-104 – Transfer of special declarant rights.
Effective – 28 Aug 1983 448.3-104. Transfer of special declarant rights. — 1. No special declarant rights created or reserved under sections 448.1-101 to 448.4-120 may be transferred except by an instrument evidencing the transfer recorded in every county in which any portion of the condominium is located. The instrument is not effective unless executed […]
Section 448.3-105 – Termination of contracts and leases of declarant.
Effective – 28 Aug 1983 448.3-105. Termination of contracts and leases of declarant. — If entered into before the executive board elected by the unit owners pursuant to subsection 6 of section 448.3-103 takes office, (1) any management contract, employment contract, or lease of recreational or parking areas or facilities, (2) any other contract or […]
Section 448.2-113 – Subdivision of units.
Effective – 28 Aug 1983 448.2-113. Subdivision of units. — 1. If the declaration expressly so permits, a unit may be subdivided into two or more units. Subject to the provisions of the declaration and other provisions of law, upon application of a unit owner to subdivide a unit, the association shall prepare or cause […]
Section 448.2-114 – Monuments as boundaries.
Effective – 28 Aug 1983 448.2-114. Monuments as boundaries. — The existing physical boundaries of a unit or the physical boundaries of a unit reconstructed in substantial accordance with the original plats and plans thereof, become the boundaries of such unit rather than the metes and bounds expressed in the deed or plat or plan, […]
Section 448.2-115 – Use for sale purposes.
Effective – 28 Aug 1983 448.2-115. Use for sale purposes. — A declarant may maintain sales offices, management offices, and models in units or on common elements in the condominium only if the declaration so provides and specifies the rights of a declarant with regard to the number, size, location, and relocation thereof. Any sales […]
Section 448.2-116 – Easement rights.
Effective – 28 Aug 1983 448.2-116. Easement rights. — Subject to the provisions of the declaration, a declarant has an easement through the common elements as may be reasonably necessary for the purpose of discharging a declarant’s obligations or exercising special declarant rights, whether arising under sections 448.1-101 to 448.4-120 or reserved in the declaration. […]
Section 448.2-107 – Allocation of common element interests, votes, and common expense liabilities.
Effective – 28 Aug 1983 448.2-107. Allocation of common element interests, votes, and common expense liabilities. — 1. The declaration shall allocate a fraction or percentage of undivided interests in the common elements and in the common expenses of the association, and a portion of the votes in the association, to each unit and state […]
Section 448.2-108 – Limited common elements.
Effective – 28 Aug 1983 448.2-108. Limited common elements. — 1. Except for the limited common elements described in subdivisions (2) and (4) of section 448.2-102, the declaration shall specify to which unit or units each limited common element is allocated. That allocation may not be altered without the consent of the unit owners whose […]