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RSA 479-A:23 · Joint and Several Liability of Grantor and Grantee for Unpaid Common Expenses

479-A:23 Joint and Several Liability of Grantor and Grantee for Unpaid Common Expenses. – In a voluntary conveyance, the grantee of a unit shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for his share of the common expenses up to the time of the grant or conveyance without prejudice to the grantee's right to recover from the grantor the amounts paid by the grantee therefor. However, any such grantee shall be entitled to a statement from the manager or board of directors, as the case may be, setting forth the amount of the unpaid assessments against the grantor, and such grantee shall not be liable for, nor shall the unit conveyed be subject to a lien for, any unpaid assessments against the grantor in excess of the amount therein set forth. Source. 1965, 155:1, eff. Aug. 14, 1965.

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Source note

Source. 1965, 155:1, eff. Aug. 14, 1965.

Source history

  • 1965, 155:1, eff. Aug. 14, 1965

Related materials

Bill relationships

  • 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,