55-79.4 - Apartments subject to individual titles and interests; recording; transfer of garage unit. - Virginia Statutes

§ 55-79.4. Apartments subject to individual titles and interests; recording;transfer of garage unit.

Once the property is submitted to the horizontal property regime, anapartment in the building or buildings may be individually conveyed andencumbered and may be the subject of ownership, possession or sale and of alltypes of juridic acts inter vivos or mortis causa, as if it were sole andentirely independent of the other apartments in the building or buildings ofwhich they form a part, and the corresponding individual titles and interestsshall be recordable. A garage unit sold to a co-owner as a limited commonelement may be sold or transferred by him to another co-owner in the sameregime independently of and separately from his apartment.

(1962, c. 627, § 4; 1966, c. 683; 1973, c. 375.)