CHAPTER 36A. CONDOMINIUMS AND UNIT PROPERTY.

ARTICLE 4. DECLARATIONS, CONVEYANCES, MORTGAGES AND LEASES.

§36A-4-4. Mortgages and other liens of record affecting property at time of first conveyance of each unit.

At the time of the first conveyance of each unit following the recording of the original declaration, every mortgage and other lien of record affecting the entire building or property or a greater portion thereof than the unit being conveyed shall be paid and satisfied of record, or the unit being conveyed shall be released therefrom by partial release duly recorded.

§36A-4-4. Mortgages and other liens of record affecting property at time of first conveyance of each unit.

Bill History For §36A-4-4

1963 Regular Session
HB147