The common profits of the property shall be distributed among and the common expenses shall be charged to the apartment owners according to the percentage of the undivided interest in the common areas and facilities.
AS 34.07.380
Common profits and expenses shared by apartment owners
Known as the Horizontal Property Regimes Act
The act spans §§ 34–34 (47 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.