(a) The declarant shall complete all improvements labeled “MUST BE BUILT” on the condominium plat prepared pursuant to section 515A.2-110.

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Terms Used In Minnesota Statutes 515A.4-117

  • 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 subject to liability for the prompt repair and restoration to a condition compatible with the remainder of the condominium of any portion of the condominium affected by the exercise of rights reserved pursuant to or created by sections 515A.2-111, 515A.2-117, and 515A.2-118.