New Hampshire Revised Statutes 356-B:2 – Application
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I. This chapter shall apply to all condominiums and to all condominium projects. This chapter shall be deemed to supersede RSA 479-A, the New Hampshire Unit Ownership of Real Property Act; and no condominium shall be established under the latter on or after September 10, 1977. This chapter shall not be construed to affect the validity of any provision of any condominium instrument recorded prior to September 10, 1977. Nor shall this chapter, except as set forth in paragraphs II and III, be deemed to apply to any real estate, or any interest therein, submitted to the provisions of N.H. Rev. Stat. Chapter 479-A prior to September 10, 1977.
II. Notwithstanding the provisions of paragraph I, this subdivision, General Principles, and subdivision IV, Administration and Enforcement, shall apply to any offer or disposition on or after November 1, 1981, of time sharing interests in condominium units established under RSA 479-A, regardless of the date on which such condominium units were created.
III. Notwithstanding the provisions of paragraph I, if any condominium instrument recorded under N.H. Rev. Stat. Chapter 479-A prior to September 10, 1977, shall be amended after September 10, 1977, for the purpose of creating 10 or more additional units in any such condominium project, this subdivision, General Principles, and subdivision IV, Administration and Enforcement, shall apply to said additional units. If said amendment creates 10 or more, but less than 26, additional units, the applicant shall be permitted to make an abbreviated registration pursuant to N.H. Rev. Stat. § 356-B:51, II, and shall not be required to prepare a public offering statement pursuant to N.H. Rev. Stat. § 356-B:52; provided, however, this sentence shall not apply if time sharing interests are offered with respect to such additional units.
II. Notwithstanding the provisions of paragraph I, this subdivision, General Principles, and subdivision IV, Administration and Enforcement, shall apply to any offer or disposition on or after November 1, 1981, of time sharing interests in condominium units established under RSA 479-A, regardless of the date on which such condominium units were created.
Terms Used In New Hampshire Revised Statutes 356-B:2
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- real estate: shall include lands, tenements, and hereditaments, and all rights thereto and interests therein. See New Hampshire Revised Statutes 21:21
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
III. Notwithstanding the provisions of paragraph I, if any condominium instrument recorded under N.H. Rev. Stat. Chapter 479-A prior to September 10, 1977, shall be amended after September 10, 1977, for the purpose of creating 10 or more additional units in any such condominium project, this subdivision, General Principles, and subdivision IV, Administration and Enforcement, shall apply to said additional units. If said amendment creates 10 or more, but less than 26, additional units, the applicant shall be permitted to make an abbreviated registration pursuant to N.H. Rev. Stat. § 356-B:51, II, and shall not be required to prepare a public offering statement pursuant to N.H. Rev. Stat. § 356-B:52; provided, however, this sentence shall not apply if time sharing interests are offered with respect to such additional units.