12-1361
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12-1361. Definitions In this article, unless the context otherwise requires: 1. "Association" means either of the following: (a) The unit owners' association organized under section 33-1241. (b) A nonprofit corporation or unincorporated association of owners created pursuant to a declaration to own and operate portions of a planned community and which has the power under the declaration to assess association members to pay the costs and expenses incurred in the performance of the association's obligations under the declaration. 2. "Community documents" means the declaration, bylaws, articles of incorporation, if any, and rules, if any. 3. "Dwelling" means a single or multifamily unit designed for residential use and common areas and improvements that are owned or maintained by an association or by members of an association. A dwelling includes the systems, other components and improvements that are part of a single or multifamily unit at the time of construction. 4. "Dwelling action" means any action brought by a purchaser against the seller of a dwelling arising out of or related to the design, construction, condition or sale of the dwelling. 5. "Multiunit dwelling action" means a dwelling action brought by an association or by or on behalf of the owners of five or more individual dwelling units. 6. "Purchaser" means any person or entity who files a dwelling action. 7. "Seller" means any person, firm, partnership, corporation, association or other organization that is engaged in the business of designing, constructing or selling dwellings. Seller does not include a real estate broker or real estate salesperson as defined in title 32, chapter 20 who provides services in connection with the resale of a dwelling following its initial sale. |