(a) If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real estate.
(b) If there is any unit owner other than a declarant, each unit must be separately taxed and assessed, and no separate tax or assessment may be rendered against any common elements for which a declarant has reserved no development rights.
(c) Any portion of the common elements for which the declarant has reserved any development right may be separately taxed and assessed against the declarant, and, if separately taxed and assessed, the declarant alone would be liable for payment of those taxes.
(d) If there is no unit owner other than a declarant, the real estate comprising the condominium may be taxed and assessed in any manner provided by law.
(e) All laws authorizing exemptions or deductions from taxation shall be applicable to each individual unit to the same extent they are applicable to other property.
Structure Code of Alabama
Chapter 8A - Alabama Uniform Condominium Act.
Article 1 - General Provisions.
Section 35-8A-101 - Short Title.
Section 35-8A-102 - Applicability.
Section 35-8A-103 - Definitions.
Section 35-8A-104 - Variation by Agreement.
Section 35-8A-105 - Separate Titles and Taxation.
Section 35-8A-106 - Applicability of Local Ordinances, Regulations, and Building Codes.
Section 35-8A-107 - Eminent Domain.
Section 35-8A-108 - Supplemental General Principles of Law Applicable.
Section 35-8A-109 - Construction Against Implicit Repeal.
Section 35-8A-110 - Chapter to Be Liberally Construed; Remedies Liberally Administered.