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2019 Alaska Statutes
Title 34. Property
Chapter 07. Horizontal Property Regimes Act
Article 5. Removal of Property From the Horizontal Property Regime.
Sec. 34.07.330. Removal of property from the provisions of this chapter.
Universal Citation: AK Stat § 34.07.330 (2019)
All of the apartment owners may remove a property from the provisions of this chapter by a recorded instrument to that effect if the mortgagees, trustees, and holders of all liens affecting any of the apartments consent or agree, in either case by a recorded instrument, that their mortgages, deeds of trust, and liens are transferred to the percentage of the undivided interest of the apartment owner in the property under AS 34.07.340.
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