Section 479-A:19 – Books of Receipts and Expenditures; Availability for Examination.
479-A:19 Books of Receipts and Expenditures; Availability for Examination. – The manager or board of directors, as the case may be, shall keep detailed, accurate records in chronological order of the receipts and expenditures affecting the common areas and facilities, specifying and itemizing the maintenance and repair expenses of the common areas and facilities […]
Section 479-A:20 – Waiver of Use of Common Areas and Facilities; Abandonment of Unit.
479-A:20 Waiver of Use of Common Areas and Facilities; Abandonment of Unit. – No unit owner may exempt himself from liability for his contribution towards the common expenses by waiver of the use or enjoyment of any of the common areas and facilities or by abandonment of his unit. Source. 1965, 155:1, eff. Aug. […]
Section 479-A:21 – Separate Taxation.
479-A:21 Separate Taxation. – I. Each unit and its percentage of undivided interest in the common areas and facilities shall be deemed to be a parcel and shall be subject to separate assessment and taxation by each assessing unit and special district for all types of taxes authorized by law, including, but not limited […]
Section 479-A:22 – Priority of Lien.
479-A:22 Priority of Lien. – All sums assessed by the association of unit owners but unpaid for the share of the common expenses chargeable to any unit shall constitute a lien on such unit prior to all other liens except only (1) tax liens on the unit in favor of any assessing unit and […]
Section 479-A:23 – Joint and Several Liability of Grantor and Grantee for Unpaid Common Expenses.
479-A:23 Joint and Several Liability of Grantor and Grantee for Unpaid Common Expenses. – In a voluntary conveyance, the grantee of a unit shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for his share of the common expenses up to the time of the grant or […]
Section 479-A:8 – Liens Against Units; Removal From Lien; Effect of Part Payment.
479-A:8 Liens Against Units; Removal From Lien; Effect of Part Payment. – Subsequent to recording the declaration as provided in this chapter and while the property remains subject to this chapter, no lien shall thereafter arise or be effective against the property. During such period liens or encumbrances shall arise or be created only […]
Section 479-A:9 – Common Profits and Expenses.
479-A:9 Common Profits and Expenses. – The common profits of the property shall be distributed among, and the common expenses shall be charged to, the unit owners according to the percentage of the undivided interest in the common areas and facilities. Source. 1965, 155:1, eff. Aug. 14, 1965.
Section 479-A:10 – Contents of Declaration.
479-A:10 Contents of Declaration. – The declaration shall contain the following particulars: I. Description of the land on which the building and improvements are or are to be located. II. Description of the building, stating the number of stories and basements, the number of units and the principal materials of which it is or […]
Section 479-A:11 – Contents of Deeds of Units.
479-A:11 Contents of Deeds of Units. – Deeds of units shall include the following particulars: I. Description of the land as provided in RSA 479-A:10 or the post office address of the property, including in either case the volume, page and date of recording of the declaration. II. The unit number of the unit […]
Section 479-A:12 – Copy of Floor Plans To Be Filed.
479-A:12 Copy of Floor Plans To Be Filed. – Simultaneously with the recording of the declaration, there shall be filed in the office of the recording officer a set of the floor plans of the building showing the layout, location, unit numbers, and dimensions of the units, stating the name of the building or […]