§514A-4 - Status of apartments.
§514A-4
Status of apartments. Each
apartment, together with the common interest appertaining thereto, shall for
all purposes constitute real property and may be individually conveyed, leased,
or encumbered and be the subject of ownership, possession, or sale and for all
other purposes be treated as if it were sole and entirely independent of the
other apartment or apartments in the property of which it forms a part, and the
corresponding individual titles and interests shall be recordable. [L 2007, c
244, pt of §2]