703.26 Expanding condominiums.
81 words·~1 min read·
/wi/chapter-703/703-26A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
703.26 Expanding condominiums.
(1)Declarant may reserve right to expand. A declarant may reserve the right to expand a condominium by subjecting additional property to the condominium declaration in such a manner that as each additional property is subjected to the condominium declaration, the percentage of undivided interests in the common elements of the preceding and new property shall be reallocated between the unit owners on the basis of the aggregate undivided interest in the common elements appertaining to the property.