Chapter 4 - CHAPTER 4 UNITS

JurisdictionColorado

Chapter 4 UNITS

SYNOPSIS

§ 4.1 UNIT DEFINED

§ 4.2 UNIT BOUNDARIES

§ 4.3 PLATS AND MAPS

§ 4.4 ALLOCATED INTERESTS

§ 4.5 LIMITED COMMON ELEMENTS

§ 4.6 LEGAL DESCRIPTION OF UNITS

§ 4.7 SEPARATE TITLE AND TAXATION

§ 4.8 CHANGES TO UNIT BOUNDARIES

§ 4.9 IMPROVEMENTS OR ALTERATIONS OF UNITS

§ 4.10 EASEMENTS FOR ENCROACHMENTS

§ 4.11 ADDITIONAL UNITS

§ 4.12 RESTRICTIONS ON UNITS

§ 4.13 INSURANCE ON UNITS

§ 4.14 CONDEMNATION

§ 4.15 TERMINATION OF COMMON INTEREST COMMUNITY — EFFECT ON UNITS

A "unit" is, quite literally, the building block of a common interest community. The existence of separate, individually owned units is what defines a "common interest community."1 Its attributes — the subject of this chapter — are therefore essential to understanding the nature...

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