Section 339-T. Withdrawal from provisions of this article  


Latest version.
  • If withdrawal of
      the property from this article is authorized by at least eighty per cent
      in number and in common interest of the  units,  or  by  at  least  such
      larger  percentage  either  in  number or in common interest, or in both
      number and common interest, as may be specified in the by-laws, then the
      property shall be subject to an action for partition by any  unit  owner
      or lienor as if owned in common, in which event the net proceeds of sale
      shall  be  divided  among  all  the  unit  owners in proportion to their
      respective common interests, provided, however, that no payment shall be
      made to a unit owner until there has first been  paid  off  out  of  his
      share  of  such  net proceeds all liens on his unit.  Such withdrawal of
      the property from this article shall not bar its  subsequent  submission
      to  the  provisions of this article in accordance with the terms of this
      article.