Particulars required in master deed or lease.

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43-15A-4. Particulars required in master deed or lease.

The master deed or lease to which §43-15A-3 refers shall express the following particulars:

(1)The description of the land, whether leased or in fee simple, and the building or buildings, expressing their respective areas;

(2)The general description and the number of each condominium, expressing its area, location, and any other data necessary for its identification;

(3)The description of the common areas of the building or buildings; and

(4)The provisions requiring the council of co-owners to maintain insurance on the condominium.

Source: SL 1975, ch 270, §5.


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