Law of Ownership Subdivision and Management of Real Estate Units

1. The owners association’s resources shall consist of the following: a) Fees paid by owners. b) Donations, gifts, bequests, and endowments. c) Returns on investments of the owners association’s funds and the common parts. The Regulations shall specify the provisions governing paragraphs 1(b) and 1(c) of this Article. 2. The owners association’s funds shall be used for the management of the jointly-owned real estate and the maintenance of the common parts. 3. Each owner shall pay the fees that cover the costs of management of the jointly-owned real estate and maintenance of the common parts. An owner may not relinquish his share of the common parts to avoid payment of the fees.