The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
001
:
CONDOMINIUM OWNERSHIP
(Cite as: 27 V.S.A. § 1324)
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§ 1324. Joint and several liability of grantor and grantee for unpaid common expenses
In a voluntary conveyance, the grantee of an apartment or site shall be jointly and
severally liable with the grantor for all unpaid assessments against the latter for
the grantor’s 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 the amounts paid
by the grantee. However, the grantee shall be entitled to a statement from the manager
or board of directors, as the case may be, setting forth the amount of the unpaid
assessments against the grantor and the grantee shall not be liable for, nor shall
the apartment or site conveyed be subject to a lien for, any unpaid assessments against
the grantor in excess of the amount set forth in the statement. (Added 1967, No. 228 (Adj. Sess.), § 24, eff. Jan. 23, 1968; amended 1993, No. 97, § 2; 2023, No. 6, § 366, eff. July 1, 2023.)