CHAPTER V- Common Profits, Common Expenses and Other Matters, Section 23-Joint and several liability of vendor, etc., for unpaid common expenses.

On the sale, bequest or other transfer of an apartment, the purchaser of the apartment or the grantee or legatee or the transferee, shall be jointly and severally liable with the vendor or the transferor for all unpaid assessments against the vendor or transferor for his share of the common expenses up to the time of ownership transfer.

Any purchaser, grantee, legatee or transferee referred to in sub-section (1) shall be entitled to a statement from the Board or Manager which explains the amount of the unpaid assessment against the vendor or transferor.

The purchaser, grantee, legatee or transferee shall not be liable for, nor shall the apartment be sold subject to a charge for any unpaid share of common expenses against such apartment accrued prior to transfer, in excess of the amount given the statement.