Condominium Ownership Act

Vermont · Property · §§ 27-1301 to 27-1365 · 53 sections

Overview

The act establishes the legal framework for condominium ownership, under which real property is divided into individually owned units held alongside undivided interests in common areas and facilities. It sets out how a condominium is created and recorded — through a declaration, a plat, and deeds describing each unit — and how a project may later be expanded, contracted, converted, or removed from the statutory regime, while providing for separate taxation of units and the allocation of common expenses, common profits, and voting rights among owners. It also provides the governance structure, requiring bylaws and an owners' association subject to a period of declarant control, and addresses liens against units, insurance and reconstruction after damage, eminent domain awards, rental restrictions, and enforcement of the governing documents.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

Vt. Stat. Ann. tit. 27, § 1301Short title
Vt. Stat. Ann. tit. 27, § 1302Definitions
Vt. Stat. Ann. tit. 27, § 1303Application of chapter
Vt. Stat. Ann. tit. 27, § 1304Status of the apartments or sites
Vt. Stat. Ann. tit. 27, § 1305Ownership of apartments or sites
Vt. Stat. Ann. tit. 27, § 1306Common areas and facilities
Vt. Stat. Ann. tit. 27, § 1307Compliance with covenants, bylaws, and administrative provisions
Vt. Stat. Ann. tit. 27, § 1308Certain work prohibited
Vt. Stat. Ann. tit. 27, § 1309Liens against apartments or sites; removal from lien; effect of part payment
Vt. Stat. Ann. tit. 27, § 1310Common profits and expenses
Vt. Stat. Ann. tit. 27, § 1311Contents of declaration
Vt. Stat. Ann. tit. 27, § 1312Contents of deeds of apartments or sites
Vt. Stat. Ann. tit. 27, § 1313Copy of the floor plans to be filed
Vt. Stat. Ann. tit. 27, § 1314Blanket mortgages and other blanket liens affecting an apartment or site at time of first conveyance
Vt. Stat. Ann. tit. 27, § 1315Recording
Vt. Stat. Ann. tit. 27, § 1316Termination, dissolution
Vt. Stat. Ann. tit. 27, § 1317Resubmission
Vt. Stat. Ann. tit. 27, § 1318Bylaws
Vt. Stat. Ann. tit. 27, § 1319Contents of bylaws
Vt. Stat. Ann. tit. 27, § 1320Books of receipts and expenditures; availability for examination
Vt. Stat. Ann. tit. 27, § 1321Waiver of use of common areas and facilities; abandonment of apartment or site
Vt. Stat. Ann. tit. 27, § 1322Separate taxation
Vt. Stat. Ann. tit. 27, § 1323Priority of lien
Vt. Stat. Ann. tit. 27, § 1324Joint and several liability of grantor and grantee for unpaid common expenses
Vt. Stat. Ann. tit. 27, § 1325Insurance
Vt. Stat. Ann. tit. 27, § 1326Disposition of property; destruction or damage
Vt. Stat. Ann. tit. 27, § 1327Actions
Vt. Stat. Ann. tit. 27, § 1328Personal application
Vt. Stat. Ann. tit. 27, § 1329Severability
Vt. Stat. Ann. tit. 27, § 1331Definitions
Vt. Stat. Ann. tit. 27, § 1332Applicability
Vt. Stat. Ann. tit. 27, § 1333Conversion building; notice to tenants
Vt. Stat. Ann. tit. 27, § 1334Exclusive right to purchase
Vt. Stat. Ann. tit. 27, § 1335Comparable housing
Vt. Stat. Ann. tit. 27, § 1336Relocation costs
Vt. Stat. Ann. tit. 27, § 1337Waiver prohibited
Vt. Stat. Ann. tit. 27, § 1338Circumvention of this subchapter
Vt. Stat. Ann. tit. 27, § 1339Violations
Vt. Stat. Ann. tit. 27, § 1351Definitions
Vt. Stat. Ann. tit. 27, § 1352Conversion of mobile home parks permitted
Vt. Stat. Ann. tit. 27, § 1353Notice of intent to convert a mobile home park
Vt. Stat. Ann. tit. 27, § 1354Election period
Vt. Stat. Ann. tit. 27, § 1355Notice of conversion
Vt. Stat. Ann. tit. 27, § 1356Leaseholder conversion period
Vt. Stat. Ann. tit. 27, § 1357Protection of purchasing leaseholders
Vt. Stat. Ann. tit. 27, § 1358Protection of nonpurchasing leaseholders
Vt. Stat. Ann. tit. 27, § 1359Protection of tenants
Vt. Stat. Ann. tit. 27, § 1360Stabilization of lot rent
Vt. Stat. Ann. tit. 27, § 1361Enforcement
Vt. Stat. Ann. tit. 27, § 1362Waiver prohibited
Vt. Stat. Ann. tit. 27, § 1363Circumvention of this subchapter
Vt. Stat. Ann. tit. 27, § 1364Protection against harassment
Vt. Stat. Ann. tit. 27, § 1365Violations

Enacted in other states

Alabama, Colorado, Rhode Island, Utah, Wyoming

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