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RSA 479-A:15 · Removal From Provisions of This Chapter
479-A:15 Removal From Provisions of This Chapter. – All of the unit owners may remove a property from the provisions of this chapter by an instrument to that effect, duly recorded, provided that the holders of all liens affecting any of the units consent thereto or agree, in either case by instruments duly recorded, that their liens be transferred to the percentage of the undivided interest of the unit owner in the property as provided in this section. Upon removal of the property from the provisions of this chapter, the property shall be deemed to be owned in common by the unit owners. The undivided interest in the property owned in common which shall appertain to each unit owner shall be the percentage of undivided interest previously owned by such owner in the common areas and facilities. Source. 1965, 155:1, eff. Aug. 14, 1965.
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Source. 1965, 155:1, eff. Aug. 14, 1965.
Source history
- 1965, 155:1, eff. Aug. 14, 1965
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2026 SB415
amend · effective 2027-11-01
; General Principles; Application. Amend RSA 356-B:2, III to read as follows: III. Notwithstanding the provisions of paragraph I, if any condominium instrument recorded under RSA 479-A prior to September 10, 1977, shall be amended after September 10, 1977, for the purpose of creating 10 or more additional units in any such condominium project, this subdivision, General Principles, and subdivision IV,