(a) This part applies to all condominiums subject to this chapter, except as provided in subsection (b).
(b) If so provided in the declaration or bylaws, this part shall not apply to:
(1) Condominiums in which all units are restricted to nonresidential uses; or
(2) Condominiums, not subject to any continuing development rights, containing no more than five units;
provided that section 514B‑132 shall not be subject to these exceptions.