2011 Vermont Code
Title 27A Uniform Common Interest Ownership Act (1994)
Chapter 2 Creation, Alteration and Termination of Common Int
§ 113 Subdivision of units [ 2-113 effective until January 1, 2012; see also section 2-113 effective January 1, 2012 set out below.]
[ 2-113 effective until January 1, 2012; see also section 2-113 effective January 1, 2012 set out below.]
§ 2-113. Subdivision of units
(a) If the declaration expressly so permits, a unit may be subdivided into two or more units. Subject to the provisions of the declaration and other provisions of law, upon application to subdivide a unit, the association shall prepare, execute and record an amendment to the declaration, including the plats and plans, subdividing that unit.
(b) The amendment to the declaration shall be executed by the owner of the unit to be subdivided, shall assign an identifying number to each unit created, and reallocate the allocated interests formerly allocated to the subdivided unit to the new units in any reasonable manner prescribed by the owner of the subdivided unit. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
