Providing that a contract for the resale of a unit in a condominium by a unit owner other than a developer is not enforceable unless the contract contains a specified notice, and the unit owner furnishes to the purchaser specified information, concerning potential special assessments; and providing that a contract for the resale of a lot in a development subject to the authority of a homeowners association is not enforceable by the vendor unless the purchaser is given a specified notice concerning potential special assessments.
Bill File Type: Regular
Effective Date(s): October 1, 2013
|Date Posted||Document Name|
|1/17/2013||Text - First - Condominiums and Homeowners Associations - Contracts for Resale - Notice of Potential Special Assessments|
|3/01/2013||Vote - Senate - Committee - Judicial Proceedings|
( 11-135, 11B-106 )
Last Updated: 2/3/2020 2:27 PM