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Terms Used In Kansas Statutes 58-3110

  • Common expenses: means and includes:

    (1) All sums lawfully assessed against the apartment owners by the association of apartment owners;

    (2) expenses of administration, maintenance, repair or replacement of the common areas and facilities;

    (3) expenses agreed upon as common expenses by the association of apartment owners; and

    (4) expenses declared common expenses by provisions of this act, or by the declaration or the bylaws. See Kansas Statutes 58-3102

  • Common profits: means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses. See Kansas Statutes 58-3102
  • Property: means and includes the land, the building, all improvements and structures thereon, all owned in fee simple absolute and all easements, rights and appurtenances belonging thereto, and all articles of personal property intended for use in connection therewith, which have been or are intended to be submitted to the provisions of this act. See Kansas Statutes 58-3102

The common profits of the property shall be distributed among, and the common expenses shall be charged to, the apartment owners according to the undivided interest in the common areas and facilities.