57-8-22. Removal of property from statutory provisions
Condominium Ownership Act
57-8-22. Removal of property from statutory provisions
(1) All of the unit owners may remove a property from the provisions of this act by an instrument duly recorded to that effect, provided that the holders of all liens affecting any of the units consent or agree by instruments duly recorded, that their liens be transferred to the percentage of the undivided interest of the unit owner in the property.
(2) Upon removal of the property from the provisions of this act, the property shall be deemed to be owned in common by the unit owners. The undivided interest in the property owned in common which shall appertain to each unit owner shall be the percentage of undivided interest previously owned by such owner in the common areas and facilities.
Have questions about a statute? Ask it and an experienced Utah HOA attorney will answer it, plus see all the previous questions and answers.
Only members may post and view questions and answers. Join us by subscribing today!
<div style="text-align: center">
Key Concepts explained
The index is the main hub of the site, where key concepts are explained
The 6 resolutions & 5 forms every HOA should have
Procedures required by law, updated as the laws change yearly, so your HOA is always in compliance. Plus other policy resolutions *Prudent-Legal plan only
Step-by-Step Guides
• Guides to walk board through owner requests for: records, assistance animal (disability), satellite dish, solar device. Avoid violating federal and Utah law! • Guides to walk a homeowner through making request for records and to keep an assistance animal for a person with a disability.
2 Hours Attorney Time
Counsel from a Utah HOA specialist attorney *Prudent-Legal plan only
Q & A
Have questions about a statute? Ask it and an experienced HOA attorney will answer it. Plus, see all the other Q & A.
Legal Updates
Stay informed! Get updates of new HOA laws with explanations of how they affect your community and what to do to comply and minimize risk.
Tools to help you understand the law
Key words defined in hovercards, powerful search, comments, footnotes, tags, explanations and case law summaries
