Section 34.07.330. Removal of property from the provisions of this chapter.

Latest version.

All of the apartment owners may remove a property from the provisions of this chapter by a recorded instrument to that effect if the mortgagees, trustees, and holders of all liens affecting any of the apartments consent or agree, in either case by a recorded instrument, that their mortgages, deeds of trust, and liens are transferred to the percentage of the undivided interest of the apartment owner in the property under AS 34.07.340.

Authorities

34.07.350

Notes

References

AS 34.07.350 Removal of property does not bar subsequent resubmission under this chapter.

History

(Sec. 1 ch 44 SLA 1963)

                    
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