A cooperative may be created pursuant to this chapter only by recording a declaration executed in the same manner as a deed, and by conveying to the association the real estate subject to that declaration. The declaration must be recorded in every city or county in which any portion of the cooperative is located, and must be indexed in the grantee’s index in the name of the cooperative and the association and in the grantor’s index in the name of each person executing the declaration.

History

1982, c. 277.