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Real Estate Time Share Act

The Model Real Estate Time-Share Act (MRETSA) is a comprehensive act covering all aspects of the law involving time-shares, including the creation, management, and termination of time-shares.

Abandoned Property Act

The Model Abandoned Property Act (MAPA) allows a creditor, governmental subdivision, or homeowner’s association to request a determination that a property is abandoned based on the existence of three or more specified conditions indicating abandonment. Each homeowner and obligor, if locatable,...

Negotiated Alternative to Foreclosure Act

The Model Negotiated Alternative to Foreclosure Act (MNAFA) allows a mortgage lender and borrower to voluntarily negotiate a workout agreement instead of using the foreclosure process. An agreement that meets the statutory requirements is legally enforceable and has the effect of discharging...

Dormant Mineral Interests Act

The Model Dormant Mineral Interests Act (MDMIA) establishes the criteria by which a severed mineral interest in real estate becomes dormant. Under the MDMIA, a mineral interest becomes dormant if there is no actual use of the interest for 20 years or more. For more information about enacting...

Federal Lien Registration Act

The Uniform Federal Lien Registration Act (UFLRA) provides for the registration of federal liens by procedures consistent with normal recording of mortgages in local real property records and with the normal filing of security interests in personal property.

Eminent Domain Code

The Model Eminent Domain Code (MEDC) is a procedural act providing comprehensive rules for the conduct of eminent domain actions, including preliminary negotiations, condemnation authorizations, and compensation.

Condominium Act

The Uniform Condominium Act (UCA) contains comprehensive provisions for the creation, management, and termination of condominium associations, including point-of-sale consumer protection. For further information about adopting the UCA please contact ULC Chief Counsel Benjamin Orzeske at (312)...

Conservation Easement Act

The Uniform Conservation Easement Act (UCEA) authorizes the creation of permanent easements on real property for conservation and historic preservation purposes. The common law of property prohibited such restrictions, so a statute is necessary to ensure conservation easements are legally...

Common Interest Owners Bill of Rights Act

Drawn from the provisions of the new Uniform Common Interest Ownership Act, the Common Interest Owners Bill of Rights Act (UCIOBORA) supplements existing state law with updates and consumer protections for the owners of real property included in a condominium, planned community, or real estate...

Nonjudicial Foreclosure Act

The Model Nonjudicial Foreclosure Act (MNFA) provides an orderly foreclosure process without court involvement when there is no dispute between the borrower and the foreclosing lender. The act provides three different methods of foreclosure: foreclosure by auction, foreclosure by negotiated...