Maine Statutes

§ 33 §565 — Common elements

Maine·Title 33 PROPERTY·Ch. 10 UNIT OWNERSHIP
1.Percentage of ownership. Each unit owner shall be entitled to an undivided interest in the common areas and facilities in the percentage expressed in the declaration. Such percentage shall be computed by taking as a basis the fair value of the unit at the date of the declaration in relation to the fair value of all the units having an interest in the common areas and facilities.
2.Permanent character. The percentage of the undivided interest of each unit owner in the common areas and facilities as expressed in the declaration shall have a permanent character and shall not be altered without the consent of all of the unit owners expressed in an amended declaration duly recorded. The percentage of the undivided interest in the common areas and facilities shall not be separated from the u

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Legislative History

PL 1965, c. 357 (NEW).

Nearby Sections

15
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