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§ 525. Joint and several liability of grantor and grantee for unpaid common expenses

Oklahoma Statutes AnnotatedTitle 60. Property

Oklahoma Statutes Annotated
Title 60. Property (Refs & Annos)
Chapter 11. Unit Ownership Estate Act
60 Okl.St.Ann. § 525
§ 525. Joint and several liability of grantor and grantee for unpaid common expenses
The grantee of a unit shall be jointly and severally liable with the grantor for all unpaid assessments against the latter for his proportionate share of the common expenses up to the time of the grant or conveyance, without prejudice to the grantee's right to recover from the grantor therefor. However, any such grantee shall be entitled to a statement from the manager or board of managers, as the case may be, setting forth the amount of the unpaid assessments against the grantor and such grantee shall not be liable for, nor shall the unit conveyed be subject to a lien for any unpaid assessments in excess of the amount therein set forth.

Credits

Laws 1963, c. 288, § 25.
60 Okl. St. Ann. § 525, OK ST T. 60 § 525
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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