Okla. Stat. tit. 60, § 60-512: Expense of administration and repair of common elements -
Where this section sits in the code
- OK Code
- Title 60
Pro rata share - Exemptions.
(a) Except as provided in subsection (b) of this section the
unit owners are bound to contribute pro rata, in the percentages
computed according to Section 505 of this title, toward the expenses
of administration and of maintenance and repair of the general
commom elements and, in proper cases, of the limited common
elements, of the building and toward any other expense lawfully
agreed upon.
(b) A declarant, by specific reservation, in the declaration as
permitted by paragraph (j) of Section 514 of this title may:
1. Exempt unconstructed units within unconstructed buildings
owned by declarant from payment of its pro rata share of the
expenses described in subsection (a) of this section; and
2. Reserve the right to contribute less than its pro rata share
of such expenses for unconstructed units within a completed
building. Such expenses shall not be less than twenty percent (20%)
of such pro rata share. The cost of administration and of
maintenance, repair and insurance of any such unconstructed building
and any such unconstructed unit shall be borne solely by the
declarant until such time as such unconstructed unit and/or building
has been completed. Upon such completion of a unit or building, the
declarant's obligation for payment of the expenses described in this
section shall be governed by subsection (a) of this section.
(c) Except as provided in subsection (b) of this section, no
unit owner may exempt himself from contributing toward such expense
by waiver of the use or enjoyment of the common elements or by
abandonment of the unit belonging to him.
Collected 2026-09-14T18:32:36Z. Source file · JSON