What happens if declarants fail to pay property taxes on common property for two years or more?

The correct understanding in this situation revolves around the implications of declarants failing to pay property taxes on common property for an extended period. If declarants fail to pay property taxes for two years or more, it opens a pathway for the association's members, particularly the owners, to take more control over the situation.

When property taxes go unpaid, the consequence can severely impact the financial health and governance of the community. Therefore, allowing the owners to take control is an essential mechanism designed to protect their interests and ensure that necessary actions can be taken to address the default in payments. This empowerment of owners is part of fostering responsible management within the community, ensuring that the common property is maintained, and tax liabilities are resolved.

This framework is significant because it instills accountability and allows community members to step in when the declarant does not fulfill their obligations, effectively safeguarding the community's interests. This mechanism helps maintain the stability and integrity of common property management.