Montana Statutes
§ 70-23-802 — Obsolete Property -- Restoration Or Sale -- Removal From Chapter
Montana·Title 70 PROPERTY·Ch. 23 UNIT OWNERSHIP ACT -- CONDOMINIUMS·Part 8 Removal of Property From Unit Ownership Act
70-23-802 . Obsolete property -- restoration or sale -- removal from chapter. Ninety percent of the unit owners may agree that the property is obsolete in whole or in part and whether or not it shall be renewed and restored or sold and the proceeds of sale distributed. If 90% of the unit owners agree to renew and restore the property, the expense thereof shall be paid by all the unit owners as common expenses. If 90% of the unit owners agree to sell the property, the property shall be considered removed from the provisions of this chapter.
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Montana § 70-23-802 (Obsolete Property -- Restoration Or Sale -- Removal From Chapter) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 33, Ch. 120, L. 1965; R.C.M. 1947, 67-2333.
Nearby Sections
15
§ 70-23-1001
Repealed§ 70-23-1002
Repealed§ 70-23-101
Short Title§ 70-23-102
Definitions§ 70-23-103
Applicability -- Submission By Declaration Required -- Optional Declaration For Townhouses§ 70-23-1101
Conversion Of Condominium To Townhouse§ 70-23-1102
Notice Of Intent§ 70-23-1103
Consent By Unit Owner On Behalf Of Lienholder§ 70-23-1104
Effect Of Conversion§ 70-23-201
Repealed§ 70-23-202
Repealed§ 70-23-203
Repealed§ 70-23-204
Repealed§ 70-23-205
Repealed