Find Bill
Find Your Legislator
Legislative Deadlines
Oct. 1, 2017
RSS Feed Permanent URL -A +A

2016 Statute



Prev Article 31. - APARTMENT OWNERSHIP ACTNext


58-3114.Blanket mortgages and other blanket liens affecting an apartment at time of first conveyance. At the time of the first conveyance of each apartment, every mortgage and other lien affecting such apartment, including the percentage of undivided interest of the apartment in the common areas and facilities, shall be paid and satisfied of record, or the apartment being conveyed and its percentage of undivided interest in the common areas and facilities shall be released therefrom by partial release duly recorded.

History: L. 1963, ch. 329, § 14; July 1.



Prev Article 31. - APARTMENT OWNERSHIP ACTNext
2017. Powered by KLISS. Rendered: 2017-10-01T05:12:50. Head Rev No: 272168