§ 2-103. Construction and validity of declaration and bylaws
(a) All provisions of the declaration and bylaws are severable.
(b) The rule against perpetuities may not be applied to defeat any provision of the declaration, bylaws, or rules adopted pursuant to this title.
(c) If a conflict exists between the declaration and the bylaws, the declaration prevails except to the extent the declaration is inconsistent with this title.
(d) Title to a unit is not rendered unmarketable or otherwise affected by an insubstantial failure of the declaration to comply with this title. Whether a substantial failure impairs marketability is not affected by this title. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999; amended 2009, No. 155 (Adj. Sess.), § 15, eff. Jan. 1, 2012.)
Structure Vermont Statutes
Title 27A - Uniform Common Interest Ownership Act (1994)
Article 2 - Creation, Alteration, and Termination of Common Interest Communities
§ 2-101. Creation of common interest communities
§ 2-103. Construction and validity of declaration and bylaws
§ 2-105. Contents of declaration for a common interest community
§ 2-106. Leasehold common interest communities
§ 2-107. Allocation of allocated interests
§ 2-108. Limited common elements
§ 2-110. Exercise of development rights
§ 2-112. Relocation of boundaries between adjoining units
§ 2-114. Easement for encroachments
§ 2-115. Use for sales purposes
§ 2-117. Amendment of declaration
§ 2-118. Termination of common interest community
§ 2-119. Rights of secured lenders
§ 2-121. Merger or consolidation of common interest communities
§ 2-122. Addition of unspecified real estate