Alaska Statutes: AS 34.07.120. Liability of Grantee For Unpaid Common Expenses at Time of Conveyance.

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Alaska Statutes. Title 34. Property Chapter 7. Horizontal Property Regimes Act Section 120. Liability of Grantee For Unpaid Common Expenses at Time of Conveyance.

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AS 34.07.120. Liability of Grantee For Unpaid Common Expenses at Time of Conveyance.

In a voluntary conveyance the grantee of an apartment is jointly and severally liable with the grantor for all unpaid assessments against the latter for the grantor's share of the common expenses up to the time of the grantor's conveyance, without prejudice to the grantee's right to recover from the grantor the amounts paid on the assessments by the grantee.

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Last modified 9/3/2005