Section 34.07.340. Ownership of property upon removal from the provisions of this chapter.

Latest version.

   (a) Upon removal of the property from the provisions of this chapter, the property is owned in common by the apartment owners.
   (b) The undivided interest in the property owned in common that appertains to each apartment owner is the percentage of the undivided interest previously owned by the owners in the common areas and facilities.

Authorities

34.07.330

Notes

References

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

History

(Sec. 1 ch 44 SLA 1963)

                    
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