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 […]
Section 479:27-a – Foreclosure on Personalty.
479:27-a Foreclosure on Personalty. – In the event that the note or other obligation secured by the mortgage is further secured by a security agreement on personalty situated on the mortgaged premises, the mortgagee may, at his option and upon notice to the mortgagor, foreclose the real estate and the personal property as a […]
Section 479:28 – Void After 50 Years.
479:28 Void After 50 Years. – From and after January 1, 1960, all undischarged mortgages of real estate which shall have been on record for a period of more than 50 years and which attain such age subsequent to January 1, 1960, shall be void; provided, however, that a mortgagee or assignee of such […]
Section 479:29 – Exception.
479:29 Exception. – RSA 479:28 shall not apply to mortgages held by banks, trust companies, building and loan associations and federal savings and loan associations, whether as named mortgagee or assignee of record. Source. 1957, 256:1, eff. Sept. 27, 1957.
Section 479:30 – Real Estate Appraisals.
479:30 Real Estate Appraisals. – Whenever a person pays a fee to any bank, mortgage company or other lending institution for a real estate appraisal which is a component of his application for a loan, he shall have the right to receive from such bank or lending institution one copy of the original appraisal […]
Section 479-A:1 – Definitions.
479-A:1 Definitions. – As used in this chapter, unless the context otherwise requires: I. "Unit" means a part of the property intended for any type of independent use, including one or more rooms or enclosed spaces located on one or more floors (or part or parts thereof) in a building, and with a direct […]