The following By-Laws have been adopted to govern the affairs of the project described in the master deed of the owners. The form also contains defintions of the words and terms used in the document.
Utah Bylaws of Condominium
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Multi-State
Control #:
US-AR-B1039
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Word;
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FAQ
The Bottom Line A condominium, or condo, is an individually owned residential unit in a complex or building of like units. Condo owners own their units but share common spaces, amenities, and other resources. They pay condo fees, which cover maintenance costs, amenities, and the upkeep of common spaces.
Under Utah Code § 16-6a et seq., HOAs/COAs that are registered nonprofit corporations may be dissolved following Utah Code A§ 16-1 et seq. This is done by a proposal from the members to the HOAs/COAs association boards for adoption.
Utah Code ? 57-8a-227(1)(a)(ii), 57-8-17(1)(a)(ii). You can also check with your local county recorder's office to obtain a copy of the CC&Rs and bylaws.
A condominium is inside a residential building or community but the unit is privately managed by the individual or landlord of the property. This landlord has no say in the functioning of the larger building or even the plot of land in which his/her property is built upon.
The CC&Rs must be recorded with the county recorder's office in order to create certain restrictions on the property and provide recorded notice of the contractual obligations on the deed to prospective buyers. You should be able to find a copy of the CC&Rs on your county assessor's official government website.
How is a HOA/COA dissolved?Under Utah Code § 16-6a et seq., HOAs/COAs that are registered nonprofit corporations may be dissolved following Utah Code A§ 16-1 et seq.This is done by a proposal from the members to the HOAs/COAs association boards for adoption.More items...
Condominium documents are generally divided into three parts: Declaration, Articles of Incorporation, and Rules and Regulations.
What are the requirements of a condominium association? The Act requires the association of co-owners to keep current copies of the master deed, all amendments to the master deed, and other condominium documents available for review by co-owners, prospective purchasers, and prospective mortgagees.
Four types of legal governing documents are typically associated with subdivisions such as condominiums and planned developments: the Declaration of Covenants, Conditions and Restrictions (or CC&Rs), the Bylaws, the Articles of Incorporation, and the Rules.
