Delaware Statutes

§ 81-220 — Master associations

Delaware·Title 25·Part Common Interests and Ownership of Real Estate·Ch. 81 DELAWARE UNIFORM COMMON INTEREST OWNERSHIP ACT·Subch. Creation, Alteration, and Termination of Common Interest
(a)If the declaration provides that any of the powers described in § 81-302 of this title are to be exercised by or may be delegated to a profit or nonprofit corporation that exercises those or other powers on behalf of one or more common interest communities or for the benefit of the unit owners of 1 or more common interest communities, all provisions of this chapter applicable to unit owners’ associations apply to any such corporation, except as modified by this section.
(b)Unless it is acting in the capacity of an association described in § 81-301 of this title, a master association may exercise the powers set forth in § 81-302(a)(2) of this title only to the extent expressly permitted in the declarations of common interest communities which are part of the master association or expr

Free access — add to your briefcase to read the full text and ask questions with AI

Delaware § 81-220 (Master associations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

76 Del. Laws, c. 422, § 2 ; 77 Del. Laws, c. 91, § 82

Nearby Sections

15
View on official source ↗