Alaska Statutes Sec. 34.07.160 - Common Areas and Facilities Ownership

(a) Each apartment owner has the common right to a share, with other apartment owners, in the common areas and facilities.

(b) Each apartment owner is entitled to an undivided interest in the common areas and facilities in the percentage expressed in the declaration. The percentage is computed by taking as a basis the value of the apartment in relation to the value of the property.

Section: 34.07.160  34.07.170  34.07.180  34.07.190  34.07.200  34.07.210  34.07.220  34.07.230  34.07.240  34.07.250  34.07.260  34.07.270  34.07.280  34.07.290    Next

Last modified: November 15, 2016