§ 448.005 Title of law
§ 448.010 Definitions
§ 448.020 Property submitted to condominium law by declaration
§ 448.030 Declaration, contents — amendments
§ 448.040 Declaration and plat to be recorded — plat, contents — amendment may be ..
§ 448.050 Units can be conveyed — common elements, owned, how — units not to be ..
§ 448.060 Instrument affecting unit affects ownership of common elements
§ 448.070 Common elements to remain undivided — exceptions
§ 448.080 Common element costs to be paid by unit owners — unpaid amount to ..
§ 448.090 Liens, against what — consent, how given
§ 448.100 Taxes, assessed and levied against units
§ 448.110 Interest acquired by tax deed, subject to what
§ 448.120 Insurance, how obtained — named insured — who adjusts — loss payable ..
§ 448.130 Insurance proceeds used for reconstruction — reconstruction defined
§ 448.140 Insurance proceeds insufficient to reconstruct, effect
§ 448.150 Sale of property, authorized, how — dissenting owner entitled to interest, ..
§ 448.160 Property removed from condominium law, how, effects
§ 448.170 Bylaws, amendments
§ 448.180 Bylaws, contents
§ 448.190 Managers may act for owners — actions — service of process — managers ..
§ 448.195 Condemnation proceedings, board of managers to represent all unit owners
§ 448.200 Managers to keep records, open to owners
§ 448.210 Rule against perpetuities — restraints on alienation
§ 448.1-101 Short title
§ 448.1-102 Applicability
§ 448.1-103 Definitions
§ 448.1-104 Variation by agreement
§ 448.1-105 Separate titles and taxation
§ 448.1-106 Applicability of local ordinances, regulations, and building codes
§ 448.1-107 Eminent domain
§ 448.1-108 Supplemental general principles of law applicable
§ 448.1-109 Construction against implicit repeal
§ 448.1-110 Uniformity of application and construction
§ 448.1-111 Severability
§ 448.1-112 Unconscionable agreement or term of contract
§ 448.1-113 Obligation of good faith
§ 448.1-114 Remedies to be liberally administered
§ 448.2-101 Creation of condominium
§ 448.2-102 Unit boundaries
§ 448.2-103 Construction and validity of declaration and bylaws
§ 448.2-104 Description of units
§ 448.2-105 Contents of declaration
§ 448.2-106 Leasehold condominiums
§ 448.2-107 Allocation of common element interests, votes, and common expense liabilities
§ 448.2-108 Limited common elements
§ 448.2-109 Plats and plans
§ 448.2-110 Exercise of development rights
§ 448.2-111 Alterations of units
§ 448.2-112 Relocation of boundaries between adjoining units
§ 448.2-113 Subdivision of units
§ 448.2-114 Monuments as boundaries
§ 448.2-115 Use for sale purposes
§ 448.2-116 Easement rights
§ 448.2-117 Amendment of declaration
§ 448.2-118 Termination of a condominium
§ 448.2-119 Rights of secured lenders
§ 448.2-120 Master associations
§ 448.2-121 Merger or consolidation of condominiums
§ 448.3-101 Organization of unit owners’ association
§ 448.3-102 Powers of unit owners’ association
§ 448.3-103 Executive board members and officers
§ 448.3-104 Transfer of special declarant rights
§ 448.3-105 Termination of contracts and leases of declarant
§ 448.3-106 Bylaws
§ 448.3-107 Upkeep of condominium
§ 448.3-108 Meetings
§ 448.3-109 Quorums
§ 448.3-110 Voting — proxies
§ 448.3-111 Tort and contract liability
§ 448.3-112 Conveyance or encumbrance of common elements
§ 448.3-113 Insurance
§ 448.3-114 Surplus funds
§ 448.3-115 Assessments for common expenses
§ 448.3-116 Lien for assessments
§ 448.3-117 Other liens affecting the condominium
§ 448.3-118 Association records
§ 448.3-119 Association as trustee
§ 448.4-101 Applicability — waiver
§ 448.4-102 Liability for public offering statement requirements
§ 448.4-103 Original sale certificate, general provisions
§ 448.4-104 Original sale certificate, condominiums subject to development rights
§ 448.4-105 Original sale certificate, time-shares
§ 448.4-106 Original sale certificate, condominiums containing conversion buildings
§ 448.4-107 Original sale certificate, condominium securities
§ 448.4-108 Purchaser’s right to cancel
§ 448.4-109 Resales of units
§ 448.4-110 Escrow of deposits
§ 448.4-111 Release of liens
§ 448.4-112 Conversion buildings — low or moderate income elderly tenants and disabled ..
§ 448.4-113 Express warranties of quality
§ 448.4-114 Implied warranties of quality
§ 448.4-115 Exclusion or modification of implied warranties of quality
§ 448.4-116 Statute of limitations for warranties
§ 448.4-117 Effect of violations on rights of action — attorney’s fees
§ 448.4-118 Labeling of promotional material
§ 448.4-119 Declarant’s obligation to complete and restore
§ 448.4-120 Substantial completion of units

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Terms Used In Missouri Laws > Chapter 448 - Condominium Property

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Fiduciary: A trustee, executor, or administrator.
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Grantor: The person who establishes a trust and places property into it.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Property: includes real and personal property. See Missouri Laws 1.020
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
  • Statute: A law passed by a legislature.
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes such district and territories. See Missouri Laws 1.020