Delaware Amendment to Unit Designation to include Additional Lands and Leases in A Unit

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US-OG-728
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Description

This form is used pursuant to the authority provided for in the Leases, the Original Unit Designation is amended to include additional Leases and lands.

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FAQ

The Delaware Uniform Common Interest Ownership Act governs condominiums and community associations. Upon request, the association must provide a resale certificate that contains the following information: the association's rights to the unit. fee that are past due or due in the future.

The Delaware Uniform Common Interest Ownership Act (the DUCIOA) The Delaware Uniform Common Interest Ownership Act, or DUCIOA authorizes and governs many requirements and options for common interest communities.

Delaware Uniform Common Interest Ownership Act ("DUCIOA"), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted.

Under the Delaware Unit Property Act, each specific unit to be sold in the community must have its own individual deed. Any legal document regarding a unit in the community must bear the community name and specify the individual unit the document refers to.

(11) ?Common interest community? means real estate described in a declaration with respect to which a person, by virtue of that person's ownership of a unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance, or improvement of or services or other expenses related to common elements, ...

The Delaware Uniform Common Interest Ownership Act applies to condominiums, cooperatives, planned unit communities, and timeshares. A condominium is real estate with sections identified for separate ownership (unit) and the remaining property dedicated to common elements with undivided interests by the unit owners.

Delaware Uniform Common Interest Ownership Act ("DUCIOA"), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted.

The Act provides state-level protections similar to the federal Fair Housing Act (FHA) and affects all housing providers, including common interest communities in Delaware. The Delaware Division of Human Relations administers the law.

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Delaware Amendment to Unit Designation to include Additional Lands and Leases in A Unit