Amendment status not verified — confirm the current text below against the official source.
If within sixty d. ys of the date of damage to or destruction .of 11 or part of the property it is not determined by the :tssociation of apart- ment owners to repair, reconstruct or rebuild, in that event : (a) the property shall be deemed to be owned in common by . p rt ment owner; HARYANA GOVT GAZ. (EXTRA.), SEPT. 28, 1983 159 (ASVN. 6, 1905 SAKA) I (b) the undivided interests in the property, owned in common which shall appertain to each apartment owner shall be the percentage of the undivided interest previously owned by such owners in the common areas and facilities ; (c) any encumbrances affecting any of the apartments shall be deemed to be transferred in accordance with the existing priority to the percentage of the undivided interest of the apartment Owner in the property as provided herein ; and (d) the property shall be subject to an action for partition at the suit of any apartment owner in which event the net proceeds of the sale together with the net proceeds of the insurance on the property, if any, shall be considered as one fund and shall be divided among all the apartment owners in percentage equal to the percentage of undivided interest owned by each owner in the property after first paying out, all the respective shares of the apartment owners to the extent sufficient for the purpose and all charges on the undivided interest in the property owned by each apartment owner.