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2011 Alaska Statutes
Title 34. PROPERTY
Chapter 34.07. HORIZONTAL PROPERTY REGIMES ACT
Sec. 34.07.340. Ownership of property upon removal from the provisions of this chapter.


AK Stat § 34.07.340 (through 27th Leg Sess 2012) What's This?

(a) Upon removal of the property from the provisions of this chapter, the property is owned in common by the apartment owners.

(b) The undivided interest in the property owned in common that appertains to each apartment owner is the percentage of the undivided interest previously owned by the owners in the common areas and facilities.

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