(1) Subsection 78B-6-901(1) does not apply to an association of unit owners' judicial or nonjudicial foreclosure of a unit under this partfn1.
(2) An association of unit owners may abandon a judicial foreclosure, nonjudicial foreclosure, or sheriff's sale and initiate a separate action or another judicial foreclosure, nonjudicial foreclosure, or sheriff's sale if the initial judicial foreclosure, nonjudicial foreclosure, or sheriff's sale is not complete.
Enacted by Chapter 355, 2011 General Session
FN 1. The Condominium Ownership Act is not divided into parts. Therefore, the reference to "this part" in Subsection (1) does not make sense as written. It should say "this chapter" instead.