Difference between revisions of "Community Associations in Missouri"

From WFG Wiki
(Created page with "==Condominiums== Missouri has a condominium act (Chapter 448.1-101 Missouri Revised Statutes) which is based on the Uniform Condominium Act. The condominium must be establis...")
 
(Planned unit developments)
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
 +
==Overview==
 +
 +
Missouri has most of the same types of community associations that exist in other states.
 +
 
==Condominiums==
 
==Condominiums==
 
   
 
   
Missouri has a condominium act (Chapter 448.1-101 Missouri Revised Statutes) which is based on the Uniform Condominium Act. The condominium must be established by a Declaration. The statute provisions allow for the conversion of an existing apartment building as well as providing for development phasing and transferable development rights.
+
See [[Condominiums in Missouri]]
  
 
==Planned unit developments==
 
==Planned unit developments==
+
 
 
There is no statute governing the establishment of a planned unit development.
 
There is no statute governing the establishment of a planned unit development.
 +
 +
===Defunct PUDs===
 +
 +
“Any loss or damage for past due Association assessments, fees or costs.”
 +
 +
If an ALTA 5 is requested, only the ALTA 5.1 can be issued.
  
 
==Cooperatives==
 
==Cooperatives==
Line 11: Line 21:
 
There are two cooperatives in the St. Louis area. There is no statute governing the establishment of a cooperative.
 
There are two cooperatives in the St. Louis area. There is no statute governing the establishment of a cooperative.
  
==Time share estates==
+
==Time Shares==
 
   
 
   
 
Missouri has a "Time Sharing" statute. (Section 407.600 Missouri Revised Statutes) It provides for interval or joint ownership, however, the statute is not patterned after the Uniform Real Estate Time-Share Act.
 
Missouri has a "Time Sharing" statute. (Section 407.600 Missouri Revised Statutes) It provides for interval or joint ownership, however, the statute is not patterned after the Uniform Real Estate Time-Share Act.
 +
 +
==Cross-References==
 +
* [[Missouri]]

Latest revision as of 06:06, 3 May 2019

Overview

Missouri has most of the same types of community associations that exist in other states.

Condominiums

See Condominiums in Missouri

Planned unit developments

There is no statute governing the establishment of a planned unit development.

Defunct PUDs

“Any loss or damage for past due Association assessments, fees or costs.”

If an ALTA 5 is requested, only the ALTA 5.1 can be issued.

Cooperatives

There are two cooperatives in the St. Louis area. There is no statute governing the establishment of a cooperative.

Time Shares

Missouri has a "Time Sharing" statute. (Section 407.600 Missouri Revised Statutes) It provides for interval or joint ownership, however, the statute is not patterned after the Uniform Real Estate Time-Share Act.

Cross-References