32-25-8-4. Sales and management offices; model units

IN Code § 32-25-8-4 (2019) (N/A)
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Sec. 4. (a) A declarant may:

(1) maintain:

(A) sales offices;

(B) management offices; and

(C) model condominium units;

in the condominium only if the condominium instruments provide for those items; and

(2) specify the rights of the declarant with regard to the:

(A) number;

(B) size;

(C) location; and

(D) relocation;

of the items referred to in subdivision (1).

(b) If the declarant ceases to be a condominium unit owner:

(1) an item referred to in subsection (a)(1) that is not designated a condominium unit by the condominium instruments becomes part of the common areas and facilities; and

(2) the declarant ceases to have any rights to the item referred to in subdivision (1) unless the item is removed promptly from the condominium real estate under a right reserved in the condominium instruments to make the removal.

[Pre-2002 Recodification Citation: 32-1-6-15.6.]

As added by P.L.2-2002, SEC.10.