If a unit in a cooperative is owned by a unit owner or is sold, conveyed, voluntarily or involuntarily encumbered, or otherwise transferred by the unit owner, the interest in the unit that is owned, sold, conveyed, encumbered, or otherwise transferred is the right to possession of the unit under a proprietary lease, coupled with the allocated interests of the unit, and the association's interest in the unit is not affected by the transfer.
Section: Previous 34.08.720 34.08.730 34.08.740 34.08.750 34.08.760 34.08.770 34.08.780 34.08.790 34.08.800 34.08.810 34.08.820 34.08.830 34.08.990 34.08.995 NextLast modified: November 15, 2016