GroundRules
← Search the law
Vermont · Through 2025 session

27 V.S.A. § 1324: Joint and several liability of grantor and grantee for unpaid common expenses

Read at publisher ↗
Where this section sits in the code
  1. Title 27: Property
  2. Chapter 015: Condominium Ownership Act
  3. Subchapter 001: CONDOMINIUM OWNERSHIP

In a voluntary conveyance, the grantee of an apartment or site shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for the grantor’s share of the common expenses up to the time of the grant or conveyance, without prejudice to the grantee’s right to recover from the grantor the amounts paid by the grantee. However, the grantee shall be entitled to a statement from the manager or board of directors, as the case may be, setting forth the amount of the unpaid assessments against the grantor and the grantee shall not be liable for, nor shall the apartment or site conveyed be subject to a lien for, any unpaid assessments against the grantor in excess of the amount set forth in the statement.

Collected 2026-09-05T17:17:08Z. Source file · JSON

Browse this collection