Title 57 Chapter 8 Section 24

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Index	Utah Code
Title 57	Real Estate
Chapter 8	Condominium Ownership Act
Section 24	Common profits, common expenses, and voting rights -- Unit -- Unconstructed unit. *(Effective 3/23/2016)*

Effective 3/23/2016
57-8-24. Common profits, common expenses, and voting rights -- Unit -- Unconstructed unit.

(1)	A unit is created by the recording of the declaration and a condominium plat that describes the unit.

(2)

An association of unit owners shall, according to each unit owner's respective percentage or fractional undivided interests in the common areas and facilities:

(a)	distribute the property's common profits among the unit owners;

(b)	except as otherwise provided in the declaration for unconstructed units, assess the unit owners the property's common expenses; and

(c)	make voting rights available to the unit owners.

(3)

(a)

After the recording of a condominium project's declaration, an unconstructed unit is a unit for the purposes of the declaration and this chapter, including:

(i)	allocation of undivided interests in the common areas and facilities in accordance with Subsection 57-8-7(2); and

(ii)	voting rights in accordance with Section 57-8-24.

(b)	Subsection (3)(a) applies to a condominium project regardless of when the condominium project's initial declaration was recorded.

Amended by Chapter 210, 2016 General Session

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