Historical Version of Section.
Effective 2012.
Superseded May 14, 2013.
(1) As used in this section, "department" means the Department of Commerce created in Section 13-1-2.
(2) (a) No later than 90 days after the recording of a declaration, an association of unit owners shall register with the department in the manner established by the department.
(b) An association of unit owners existing under a declaration recorded before May 10, 2011, shall, no later than July 1, 2011, register with the department in the manner established by the department.
(3) The department shall require an association of unit owners registering as required in this section to provide with each registration:
(a) the name and address of the association of unit owners;
(b) the name, address, telephone number, and, if applicable, email address of the president of the association of unit owners;
(c) the name and address of each management committee member;
(d) the name, address, telephone number, and, if the contact person wishes to use email or facsimile transmission for communicating payoff information, the email address or facsimile number, as applicable, of a primary contact person who has association payoff information that a closing agent needs in connection with the closing of a unit owner's financing, refinancing, or sale of the owner's unit; and
(e) a registration fee not to exceed $37.
(4) An association of unit owners that has registered under Subsection (2) shall submit to the department an updated registration, in the manner established by the department, within 90 days after a change in any of the information provided under Subsection (3).
(5) (a) During any period of noncompliance with the registration requirement of Subsection (2) or the requirement for an updated registration under Subsection (4):
(i) a lien for the nonpayment of common expenses may not arise under Section 57-8-20 against any condominium unit; and
(ii) an association of unit owners may not enforce a previous lien under Section 57-8-20 against any condominium unit.
(b) A period of noncompliance with the registration requirement of Subsection (2) or with the updated registration requirement of Subsection (4) does not begin until after the expiration of the 90-day period specified in Subsection (2) or (4), respectively.
Enacted 2011. Amended 2012, ch. 63.