D.C. Code § 42-1903.11: Rights to surplus funds.
Where this section sits in the code
- Title 42. Real Property.
- Chapter 19. Condominiums.
- Subchapter III. Control and Governance of Condominiums.
Unless otherwise provided in the condominium instruments, any surplus funds of the unit owners’ association that remain after payment of or provision for common expenses and any prepayment of reserves shall be paid to the unit owners in proportion to the unit owners’ liabilities for common expenses or credited to the unit owners to reduce the unit owners’ future common expense assessments.
Collected 2026-08-29T05:44:07Z. Source file · JSON