§1601-105. Separate titles and taxation

Link to law: http://legislature.maine.gov/legis/statutes/33/title33sec1601-105.html
Published: 2015

§1601-105. Separate titles and taxation






(a) If there is any unit owner other than a declarant, each unit which has been created,
together with its appurtenant interests, constitutes for all purposes a separate parcel
of real estate. [1981, c. 699, (NEW).]






(b) If there is any unit owner other than a declarant, each unit shall be separately
taxed and assessed and no separate tax or assessment may be rendered against any common
elements for which a declarant has reserved no development rights. [1981, c. 699, (NEW).]






(c) Any portion of the common elements for which the declarant has reserved any development
right to add real estate to a condominium or to withdraw real estate from a condominium,
shall be separately taxed and assessed against the declarant, and the declarant alone
is liable for payment of those taxes. [1981, c. 699, (NEW).]






(d) If there is no unit owner other than a declarant, the real estate comprising
the condominium may be taxed and assessed in any manner provided by law. [1981, c. 699, (NEW).]





SECTION HISTORY

1981, c. 699, (NEW).
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