Vermont law · Vermont Common Interest Ownership Act

27A V.S.A. § 1-209

Small condominiums; exception; access to mixed funding sources

The statutory text

Verbatim from the public record. The law itself is a government work — always confirm the current version on the official source before you rely on it.

Subsection 2-101(b), subdivisions 2-109(b)(2) and (11), subsection 2-109(g), section 2-115, and Article 4 of this title shall not apply to a condominium if the declaration: (1) creates fewer than 10 units; and (2) restricts ownership of a unit to entities that are controlled by, affiliated with, or managed by the declarant. (Added 2005, No. 116 (Adj. Sess.), § 5, eff. April 26, 2006; amended 2011, No. 52, § 25, eff. May 27, 2011.)

Official source

27A V.S.A. § 1-209

The statutory text

Official source

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