(a) Except for an improvement labeled “NEED NOT BE BUILT,” the declarant shall complete each improvement depicted on a site plan or other graphic representation, including any plats or plans prepared under Alaska Stat. § 34.08.180, whether or not the site plan or other graphic representation is contained in the public offering statement or in promotional material distributed by or for the declarant.
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Terms Used In Alaska Statutes 34.08.690

  • 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.
(b) The declarant is liable for the prompt repair and restoration, to a condition compatible with the remainder of the common interest community, of a portion of the common interest community affected by the exercise of rights reserved under or created by Alaska Stat. § 34.08.180, 34.08.190, 34.08.200, 34.08.210, 34.08.230, or 34.08.240.
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