Alaska Statutes: AS 34.07.260. Causes of Action Relating to Common Areas and Facilities.

Alaska Statutes. Title 34. Property Chapter 7. Horizontal Property Regimes Act Section 260. Causes of Action Relating to Common Areas and Facilities.

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AS 34.07.260. Causes of Action Relating to Common Areas and Facilities.

(a) Without limiting the rights of an apartment owner, a cause of action may be brought by the manager or board of directors, in either case in the discretion of the board of directors, on behalf of two or more apartment owners, as their respective interests may appear, with respect to a cause of action relating to the common areas and facilities of more than one apartment.
(b) A cause of action relating to the common areas and facilities for damages arising out of tortious conduct may be maintained only against the association of apartment owners and a judgment lien or other charge is a common expense. The judgment lien or charge is removed from an apartment and its percentage of undivided interest in the common areas and facilities upon payment by the respective owner of the proportionate share based on the percentage of undivided interest owned by that owner.

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