Small condominiums; exception; access to mixed funding sources
27A V.S.A. § 1-209
in effect1-209. Small condominiums; exception; access to mixed funding sources
Subsection 2-101(b), subdivisions 2-109(b)(2) and (11), subsection 2-109(g), section 2-115, and Article 4 of this title shall not apply to a condominium if the declaration:
(1) creates fewer than 10 units; and
(2) restricts ownership of a unit to entities that are controlled by, affiliated with, or managed by the declarant.
Added 2005, No. 116 (Adj. Sess.), § 5, eff. April 26, 2006; amended 2011, No. 52, § 25, eff. May 27, 2011.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/27A/001/00209Fetched: 10/21/2026
