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Alaska Statutes.
Title 34. Property
Chapter 7. Horizontal Property Regimes Act
Section 330. Removal of Property From the Provisions of This Chapter.
previous: Section 320. Distribution of Funds From Partition Sale.
next: Section 340. Ownership of Property Upon Removal From the Provisions of This Chapter.

AS 34.07.330. Removal of Property From the Provisions of This Chapter.

All of the apartment owners may remove a property from the provisions of this chapter by a recorded instrument to that effect if the mortgagees, trustees, and holders of all liens affecting any of the apartments consent or agree, in either case by a recorded instrument, that their mortgages, deeds of trust, and liens are transferred to the percentage of the undivided interest of the apartment owner in the property under AS 34.07.340 .


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Last modified 9/3/2005