Joint and several liability of vendor etc. for unpaid common expenses
– (1) Upon the sale, bequest or other transfer of
an apartment, the purchaser of the apartment or the grantee or
legatee or the transferee, as the case may be, shall be jointly and
severally liable with the vendor or the transferor for all unpaid
assessments against the vendor or transferor for his share of the
common expenses up to the time of the sale, bequest or other
transfer, without prejudice to the right of the purchaser, grantee,
legatee or transferee to recover from the vendor or the transferor
any amount paid by the purchaser, grantee, legatee or transferee
therefor.
(2) Any purchaser, grantee, legatee or transferee referred to
in sub-section (1) shall be entitled to a statement from the
Association setting forth the amount of the unpaid assessment
against the vendor or transferor, as the case may be, and such
purchaser, grantee, legatee or transferee shall not be liable for, nor
shall the apartment be sold subject to a charge for any unpaid share
of common expenses against such apartment accrued prior to such
sale, bequest or other transfer, in excess of the amount set forth in
the statement.
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