(1) Each part owner may at any time demand dissolution of the co-ownership.
(2) If the right to demand dissolution is excluded by agreement permanently or for a period of time, then dissolution still may be demanded if there is a compelling reason to do so. Subject to the same prerequisite, if a period of notice has been specified, then dissolution is permissible without complying with the notice period.
(3) An agreement by which the right to demand dissolution is excluded or limited contrary to these provisions is void.