Vermont § 2-112 - Relocation of boundaries between adjoining units

§ 2-112. Relocation of boundaries between adjoining units

• (a) Subject to the provisions of the declaration and other provisions of law, the boundaries
  between adjoining units may be relocated by an amendment to the declaration upon application
  to the association by the owners of those units. If the owners of the adjoining units
  have specified a reallocation between their units of their allocated interests, the
  application must state the proposed reallocations. Unless the executive board determines,
  within 30 days after receipt of the application, that the reallocations are unreasonable,
  the association shall prepare an amendment that identifies the units involved and
  states the reallocations. The amendment shall be executed by those unit owners, shall
  contain words of conveyance between them, and, on recordation, shall be indexed in
  the name of the grantor and the grantee and in the grantee’s index in the name of
  the association. (b) Subject to the provisions of the declaration and other provisions of law, boundaries
  between units and common elements may be relocated to incorporate common elements
  within a unit by an amendment to the declaration upon application to the association
  by the owner of the unit who proposes to relocate a boundary. Unless the declaration
  provides otherwise, the amendment may be approved only if persons entitled to cast
  at least 67 percent of the votes in the association, including 67 percent of the votes
  allocated to units not owned by the declarant, agree to the action. The amendment
  may describe any fees or charges payable by the owner of the affected unit in connection
  with the boundary relocation, and the fees and charges are assets of the association.
  The amendment must be executed by the unit owner of the unit whose boundary is being
  relocated and by the association, contain words of conveyance between them, and on
  recordation be indexed in the name of the unit owner and the association as grantor
  or grantee, as appropriate. (c) The association: (1) in a condominium or planned community shall prepare and record plats or plans necessary
  to show the altered boundaries of affected units and their dimensions and identifying
  numbers; and (2) in a cooperative shall prepare and record amendments to the declaration, including
  any plans, necessary to show or describe the altered boundaries of affected units
  and their dimensions and identifying numbers. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999.)