[CHAPTER 514B]
CONDOMINIUMS
Part I. General Provisions
Section
514B-1 Short title
514B-2 Applicability
514B-3 Definitions
514B-4 Separate titles and taxation
514B-5 Conformance with county land use laws
514B-6 Supplemental county rules governing a condominium
property regime
514B-7 Construction against implicit repeal
514B-8 Severability
514B-9 Obligation of good faith
514B-10 Remedies to be liberally administered
Part II. Applicability
514B-21 Applicability to new condominiums
514B-22 Applicability to preexisting condominiums
514B-23 Amendments to governing instruments
Part III. Creation, Alteration, and Termination
of Condominiums
514B-31 Creation
514B-32 Contents of declaration
514B-33 Condominium map
514B-34 Condominium map; certification of architect,
engineer, or surveyor
514B-35 Unit boundaries
514B-36 Leasehold units
514B-37 Common interest
514B-38 Common elements
514B-39 Limited common elements
514B-40 Transfer of limited common elements
514B-41 Common profits and expenses
514B-42 Metering of utilities
514B-43 Liens against units
514B-44 Contents of deeds or leases of units
514B-45 Blanket mortgages and other blanket liens affecting
a unit at time of first conveyance or lease
514B-46 Merger of projects or increments
514B-47 Removal from provisions of this chapter
Part IV. Registration and Administration
of Condominiums
514B-51 Registration required; exceptions
514B-52 Application for registration
514B-53 Inspection by commission
514B-54 Developer's public report; requirements for issuance
of effective date
514B-55 Developer's public report; request for hearing by
developer
514B-56 Developer's public report; amendments
514B-57 Commission oversight of developer's public report
514B-58 Annual report
514B-59 Expiration of developer's public reports
514B-60 No false or misleading information
514B-61 General powers and duties of commission
514B-62 Deposit of fees
514B-63 Condominium specialists; appointment; duties
514B-64 Private consultants
514B-65 Investigative powers
514B-66 Cease and desist orders
514B-67 Termination of registration
514B-68 Power to enjoin
514B-69 Penalties
514B-70 Limitation of actions
514B-71 Condominium education trust fund
514B-72 Condominium education trust fund; payments
by associations and developers
514B-73 Condominium education trust fund; management
Part V. Protection of Condominium Purchasers
A. General Provisions
514B-81 Applicability; exceptions
514B-82 Sale of units
514B-83 Developer's public report
514B-84 Developer's public report; special types of
condominiums
514B-85 Preregistration solicitation
514B-86 Requirements for binding sales contracts;
purchaser's right to cancel
514B-87 Rescission after sales contract becomes binding
514B-88 Delivery
514B-89 Sales contracts before completion of construction
514B-90 Refunds upon cancellation or termination
514B-91 Escrow of deposits
514B-92 Use of purchaser deposits to pay project costs
514B-93 Early conveyance to pay project costs
514B-94 Misleading statements and omissions; remedies
B. Sales to Owner-Occupants
514B-95 Definitions
514B-95.5 Announcement or advertisement; publication
514B-96 Designation of residential units
514B-96.5 Unit selection; requirements
514B-97 Affidavit
514B-97.5 Prohibitions
514B-98 Sale of residential units; developer requirements
514B-98.5 Enforcement
514B-99 Penalties
514B-99.3 False statement
514B-99.5 Inapplicability of laws
Part VI. Management of Condominiums
A. Powers, Duties, and Other General Provisions
514B-101 Applicability; exceptions
514B-102 Association; organization and membership
514B-103 Association; registration
514B-104 Association; powers
514B-105 Association; limitations on powers
514B-106 Board; powers and duties
514B-107 Board; limitations
514B-108 Bylaws
514B-109 Restatement of declaration and bylaws
514B-110 Bylaws amendment permitted; mixed use property;
representation on board
514B-111 Judicial power to excuse compliance with
requirements of declaration or bylaws
514B-112 Condominium community mutual obligations
B. Governance - Elections and Meetings
514B-121 Association meetings
514B-122 Association meetings; minutes
514B-123 Association meetings; voting; proxies
514B-124 Association meetings; purchaser's right to vote
514B-125 Board meetings
514B-126 Board meetings; minutes
C. Operations
514B-131 Operation of the property
514B-132 Managing agents
514B-133 Association employees; background check; prohibition
514B-134 Management and contracts; developer, managing
agent, and association
514B-135 Termination of contracts and leases of developer
514B-136 Transfer of developer rights
514B-137 Upkeep of condominium
514B-138 Upkeep of condominium; high-risk components
514B-139 Upkeep of condominium; disposition of
unclaimed possessions
514B-140 Additions to and alterations of condominium
514B-141 Tort and contract liability; tolling
of limitation period
514B-142 Aging in place; limitation on liability
514B-143 Insurance
514B-144 Association fiscal matters; assessments for
common expenses
514B-145 Association fiscal matters; collection of unpaid
assessments from tenants or rental agents
514B-146 Association fiscal matters; lien for assessments
514B-147 Association fiscal matters; other liens affecting
the condominium
514B-148 Association fiscal matters; budgets and reserves
514B-149 Association fiscal matters; handling and disbursement
of funds
514B-150 Association fiscal matters; audits, audited
financial statement
514B-151 Association fiscal matters; lease rent renegotiation
514B-152 Association records; generally
514B-153 Association records; records to be maintained
514B-154 Association records; availability; disposal;
prohibitions
514B-155 Association as trustee
514B-156 Pets
514B-157 Attorneys' fees, delinquent assessments, and
expenses of enforcement
D. Alternative Dispute Resolution
514B-161 Mediation
514B-162 Arbitration
514B-163 Trial de novo and appeal
Applicability of Chapter
See §§514B-21 to 23.