Sri Lanka Consolidated Acts

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Condominium Property Act (No. 12 of 1970) - Sect 21

Effect of termination of condominium

21.
(1) The Court shall cause a copy of the declaration made under section 20 together with any conditions and directions attached thereto to be transmitted to the Registrar of Lands of the district or each of the districts in which the land or each of the lands to which such declaration relates is situated.
(2) Upon receipt of a notice under sub-section (1), the Registrar of Lands shall make a note thereof on the registered Condominium Plan and the folio related thereto and, upon such note being- made, the owners of the units described in the plan shall be co-owners of the property in proportion to the unit factors of their respective units.


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