[§264-2.5] Private streets; ownership. [Section effective July 1, 2027.] [Section repealed July 1, 2032. L 2025, c 88, §3.] (a) Notwithstanding any provision of law to the contrary, in any county with a population of less than 250,000, fee simple absolute title of a privately owned highway, road, alley, street, way, lane, bikeway, bridge, or trail held by a subdivider shall be deemed transferred to a community association consisting of the owners of property contiguous or adjacent thereto, when:
(b) For the purposes of this section:
"Community association" means a nonprofit homeowners or community association existing pursuant to covenants running with the land.
"Subdivider" means a person, firm, corporation, partnership, association, trust, or other legal entity or combination thereof causing land to be subdivided or consolidated, which is the owner of the land or the duly authorized agent or lessee of the owner. [L 2025, c 88, §1]