3/23/2016Amended by Chapter 210, 2016 General Session2016Common profits, common expenses, and voting rights -- Unit -- Unconstructed unit. A unit is created by the recording of the declaration and a condominium plat that describes the unit. An association of unit owners shall, according to each unit owner's respective percentage or fractional undivided interests in the common areas and facilities: distribute the property's common profits among the unit owners; except as otherwise provided in the declaration for unconstructed units, assess the unit owners the property's common expenses; and make voting rights available to the unit owners. 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: allocation of undivided interests in the common areas and facilities in accordance with Subsection 57-8-7(2); and voting rights in accordance with Section 57-8-24. Subsection (3)(a) applies to a condominium project regardless of when the condominium project's initial declaration was recorded.