2013 Vermont Statutes
Title 27A Uniform Common Interest Ownership Act (1994)
Chapter 2 Creation, Alteration, and Termination of Common Interest Communities
§ 103 Construction and validity of declaration and bylaws


27A V.S.A. § 103 What's This?

2-103. Construction and validity of declaration and bylaws

(a) All provisions of the declaration and bylaws are severable.

(b) The rule against perpetuities may not be applied to defeat any provision of the declaration, bylaws, or rules adopted pursuant to this title.

(c) If a conflict exists between the declaration and the bylaws, the declaration prevails except to the extent the declaration is inconsistent with this title.

(d) Title to a unit is not rendered unmarketable or otherwise affected by an insubstantial failure of the declaration to comply with this title. Whether a substantial failure impairs marketability is not affected by this title. (Added 1997, No. 104 (Adj. Sess.), 3, eff. Jan. 1, 1999; amended 2009, No. 155 (Adj. Sess.), 15, eff. Jan. 1, 2012.)

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