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What is the Uniform Directed Trust Act in Delaware?
Delaware was the first state to have a directed trust statute thereby formally recognizing that trustees could be directed on investments, distributions and other matters. The statute also recognizes the role of a trust protector.
What is the Uniform Common Interest Ownership Act in Delaware?
Delaware Uniform Common Interest Ownership Act (DUCIOA), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted. See 25 Del. C. 81-116.
Is a common interest community the same as a hoa?
COAs and HOAs have comparable purposes. In fact, COA and HOA are frequently used interchangeably. However, what makes them unique is the ownership style in each community. In an HOA, residents own their property, but the association owns and maintains common areas, such as lobbies, pools, clubhouses, and gyms.
What is the Delaware Uniform Common Interest Ownership Act?
Delaware Uniform Common Interest Ownership Act (DUCIOA), codified in Chapter 81 of Title 25 of the Delaware Code, governs all common interest communities (planned communities, condominiums, cooperatives, and subdivisions) created after September 30, 2009, unless otherwise exempted.
What is the common interest doctrine in Delaware?
In Delaware, as a general rule, application of the common interest doctrine is appropriate where it is clear that the parties were collaborating and sharing information in furtherance of a joint legal strategy or objective. While Delaware courts do not appear to require pending litigation for the common interest
What is the New Home Buyers Protection Act in Delaware?
The Delaware New Home Buyers Protection Act was written to give homebuyers recourse in cases where the builder or seller of their new home fails to complete all the agreed upon work by the time the sale becomes official.
What is the Delaware Uniform Contribution Among Tortfeasors Act?
Uniform Contribution Among Tortfeasors Law. 6301. Definition. For the purposes of this chapter, joint tortfeasors means 2 or more persons jointly or severally liable in tort for the same injury to person or property, whether or not judgment has been recovered against all or some of them.
Has Delaware adopted the UCC?
Delaware has adopted the following Articles of the UCC: Article 3: Negotiable instruments: UCC Article 3 applies to negotiable instruments.
Related links
DELAWARE 77-0201147 (STATE OF INCORPORATION) (
Our Certificate Of Incorporation And Bylaws And Delaware Law Contain. Provisions That Could Discourage A Takeover. Provisions of our Amended and Restated
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly
Home Better Laws Stronger States Delaware is the 14th state to enact the Uniform Public Expression Protection Act! Its #TelehealthAwarenessWeek! Delaware
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