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Common Interest Ownership Act
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Common Interest Ownership Act
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Section
47-200
Short title: Common Interest Ownership Act.
Section
47-201
Applicability of chapter.
Section
47-202
Definitions.
Section
47-203
Variation by agreement and waiver of rights prohibited. Exceptions.
Section
47-204
Separate titles and taxation. Recording of certificate by cooperative. Conveyance of interest in cooperative.
Section
47-205
Applicability of real property use laws to conversion of buildings to common interest ownership.
Section
47-206
Eminent domain.
Section
47-207
Supplemental general principles of law applicable.
Section
47-208
Construction against implicit repeal.
Section
47-209
Severability.
Section
47-210
Unconscionable contracts or contract clauses. Leases involving land or facilities in residential common interest communities that are presumed to be unconscionable.
Section
47-211
Obligation of good faith.
Section
47-212
Remedies to be liberally administered.
Section
47-213
Adjustment of dollar amount.
Section
47-213a
Relationship of chapter to Electronic Signatures in Global and National Commerce Act.
Section
47-214
Applicability of chapter and amendments thereto to common interest communities.
Section
47-215
Applicability to nonresidential, mixed use and small common interest communities, limited expense liability planned communities and common interest communities with a conversion building.
Section
47-216
Applicability to preexisting common interest communities.
Section
47-217
Exception for certain preexisting common interest communities.
Section
47-218
Applicability to amendments to governing instruments.
Section
47-219
Applicability to out-of-state common interest communities.
Section
47-219a
Arrangements re real property costs. Separate common interest community not created thereby.
Section
47-219b
Exemption re covenant to share costs or other obligations.
Section
47-220
Creation of common interest community.
Section
47-221
Unit boundaries.
Section
47-222
Construction and validity of declaration, bylaws and rules. Marketability of title. Recording of surveys or plans.
Section
47-223
Description of unit.
Section
47-224
Contents of declaration.
Section
47-225
Leasehold common interest communities.
Section
47-226
Allocation of interests.
Section
47-227
Limited common elements.
Section
47-228
Surveys and plans.
Section
47-229
Exercise of development rights.
Section
47-230
Alterations of units.
Section
47-230a
Display of object on entry door or entry door frame which is motivated by observance of religious practice or belief. Restrictions.
Section
47-231
Relocation of unit boundaries.
Section
47-232
Subdivision of units.
Section
47-233
Monuments as boundaries.
Section
47-234
Use for sales purposes.
Section
47-235
Easement and use rights.
Section
47-236
Amendment of declaration or bylaws.
Section
47-237
Termination of common interest community.
Section
47-238
Rights of secured lenders.
Section
47-239
Master associations.
Section
47-239a
Termination and dissolution of master association. Establishment of nonstock corporation.
Section
47-240
Merger or consolidation of common interest communities.
Section
47-241
Addition of unspecified real property.
Section
47-241a
Master planned communities.
Section
47-242
Addition of land or units to limited equity cooperative.
Section
47-243
Organization of unit owners' association.
Section
47-244
Powers and duties of unit owners' association.
Section
47-244a
Unincorporated unit owners' association's statutory agent for service.
Section
47-244b
Service of process on statutory agent.
Section
47-245
Executive board members and officers. Duties. Period of declarant control: Delivery of property and documents by declarant; current financial statement. Prohibitions re elections of executive board members.
Section
47-246
Transfer of special declarant rights. Obligations and liabilities.
Section
47-247
Termination of contracts and leases.
Section
47-248
Bylaws.
Section
47-249
Upkeep of common interest community. Liability for expenses.
Section
47-250
Meetings. Rules.
Section
47-251
Quorum.
Section
47-252
Voting. Proxies. Ballots.
Section
47-253
Liability.
Section
47-254
Conveyance or encumbrance of common elements.
Section
47-255
Insurance.
Section
47-256
Surplus funds.
Section
47-257
Assessments for common expenses. Assessments due to wilful misconduct, failure to comply with standards or gross negligence.
Section
47-258
Lien for assessments and other sums due association. Enforcements.
Section
47-259
Other liens.
Section
47-260
Association records. Copies. Fees.
Section
47-261
Association as trustee.
Section
47-261a
Basic education program for association members and management.
Section
47-261b
Rules.
Section
47-261c
Notice to unit owners.
Section
47-261d
Removal of officers and directors.
Section
47-261e
Adoption of budgets. Special assessments. Loan agreements.
Section
47-261f
Litigation involving declarant.
Section
47-262
Applicability of part. Exceptions to requirement of public offering statement or resale certificate.
Section
47-263
Public offering statement requirements. Liability.
Section
47-264
Public offering statement. General provisions and requirements.
Section
47-265
Requirements for public offering statement when community is subject to development rights.
Section
47-266
Requirements for public offering statement when ownership or occupancy is by time shares.
Section
47-267
Requirements for public offering statement when community contains conversion building.
Section
47-268
Requirements for public offering statement when interest in community is security.
Section
47-269
Purchaser's right to cancel.
Section
47-270
Resales of units.
Section
47-271
Escrow of deposits. Distribution of interest.
Section
47-272
Release of liens.
Section
47-273
Rights of tenants in conversion buildings.
Section
47-274
Express warranties of quality.
Section
47-275
Implied warranties of quality.
Section
47-276
Exclusion or modification of implied warranties of quality.
Section
47-277
Action for breach of warranty. Statute of limitations.
Section
47-278
Cause of action to enforce chapter, declaration or bylaws. Attorney's fees and costs. Alternative dispute resolution. Hearings before executive board.
Section
47-279
Labeling of promotional material.
Section
47-280
Declarant's obligation to complete and restore.
Section
47-281
Substantial completion of units required.
Section
47-282
Statement of policy.
Section
47-283
Definitions.
Section
47-284
Conversion tenant's right to conversion notice and public offering statement.
Section
47-285
Conversion tenant's right to purchase converted unit.
Section
47-286
Conversion tenant's right to terminate lease and abandon unit.
Section
47-287
Conversion tenant's right to relocation payment.
Section
47-288
Registration of common interest community. Notice to Department of Housing.
Section
47-289
Rent increases of conversion tenants.
Section
47-290
Eviction of conversion tenants.
Section
47-291
Unenforceable lease provisions.
Section
47-292
Tenant's cause of action.
Section
47-293
Applicability of protection afforded conversion tenants.
Section
47-294
Complaints of violations. Investigations. Enforcement action by Attorney General.
Section
47-295
Regulations.
Sections
47-296 to 47-299
Reserved for future use.