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Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

25 Del. C. § 81-225: Termination following catastrophe.

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Where this section sits in the code
  1. Title 25. Property
  2. Common Interests and Ownership of Real Estate
  3. CHAPTER 81. Delaware Uniform Common Interest Ownership Act
  4. Subchapter II. Creation, Alteration, and Termination of Common Interest

If substantially all the units in a common interest community have been destroyed or are uninhabitable and the available methods for giving notice for a meeting of unit owners to consider termination under § 81-218 of this title will not likely result in receipt of the notice, the executive board or any other interested person may commence an action in the Court of Chancery of the State of Delaware seeking to terminate the common interest community. During the pendency of the action, the Court may enter whatever orders it considers appropriate, including appointment of a receiver. After a hearing, the court may terminate the common interest community or reduce its size and may enter into any other order the court considers to be in the best interest of the unit owners and persons holding an interest in the common interest community.

Collected 2026-09-05T23:02:31Z. Source file · JSON

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