A covenant that requires the owners of separately owned parcels of real estate to share costs or other obligations associated with a party wall, driveway, well, or other similar use does not create a common interest community unless the owners otherwise agree.
Vt. Stat. Ann. tit. 27A, § 1-211
Covenants; cost-sharing agreements
Known as the Vermont Common Interest Ownership Act
The act spans §§ 27–27 (95 sections).
Added 2009, No. 155 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.