Section 64.34.040 - [Repealed Effective 1/1/2028] Separate interests-Taxation(1) If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real property.(2) If there is any unit owner other than a declarant, each unit together with its interest in the common elements must be separately taxed and assessed.(3) If a development right has an ascertainable market value, the development right shall constitute a separate parcel of real property for property tax purposes and must be separately taxed and assessed to the declarant.(4) If there is no unit owner other than a declarant, the real property comprising the condominium may be taxed and assessed in any manner provided by law.Repealed by 2024 c 321,§ 502, eff. 1/1/2028.1992 c 220 § 3; 1989 c 43 § 1-105.