§ 81-412. Conversion buildings.
§ 81-412. Conversion buildings. (a) A declarant of a common interest community containing conversion buildings, and any dealer who intends to offer units in such a common interest community, shall give each of the residential tenants and any residential subtenant in possession of a portion of a conversion building notice of the conversion and provide […]
§ 81-413. Express warranties of quality.
§ 81-413. Express warranties of quality. (a) Express warranties made by a declarant to a purchaser of a unit, if relied upon by the purchaser, are created as follows: (1) Any affirmation of fact or promise in writing which relates to the unit, its use, or rights appurtenant thereto, area improvements to the common interest […]
§ 81-324. Adoption of budget.
§ 81-324. Adoption of budget. (a) The executive board shall, at least annually, prepare a proposed budget for the common interest community. In a condominium or cooperative, the proposed budget shall include a line item for any required funding of a repair and replacement reserve. Within 30 days after adoption of any proposed budget after […]
§ 81-325. Service on associations and executive board.
§ 81-325. Service on associations and executive board. A person may bring suit against the association or the executive board as a whole in any cause by service in accordance with the otherwise applicable rules authorizing service on the form of legal entity of the association. 76 Del. Laws, c. 422, § 2; 77 Del. […]
§ 81-326. Delaware corporations.
§ 81-326. Delaware corporations. Any association that is a Delaware corporation shall also be subject to the Title 8, which shall govern and control to the extent not inconsistent with this chapter. 77 Del. Laws, c. 91, § 61;
§ 81-401. Applicability; waiver.
§ 81-401. Applicability; waiver. (a) This subchapter applies to all units subject to this chapter, except as provided in subsection (b) of this section or as modified or waived by agreement of purchasers of units in a nonresidential common interest community or as to units that are restricted to nonresidential use. (b) Neither a public […]
§ 81-402. Liability for public offering statement requirements.
§ 81-402. Liability for public offering statement requirements. (a) Except as provided in subsection (b) of this section, a declarant, before offering any interest in a unit to the public, shall prepare a public offering statement conforming to the requirements of §§ 81-403, 81-404, 81-405, and 81-406 of this title. (b) A declarant may transfer […]
§ 81-403. Public offering statement; general provisions.
§ 81-403. Public offering statement; general provisions. (a) Except as provided in subsection (b) of this section, a public offering statement must contain or fully and accurately disclose: (1) The name and principal address of the declarant and of the common interest community, and a statement that the common interest community is either a condominium, […]
§ 81-404. Common interest communities subject to development right.
§ 81-404. Common interest communities subject to development right. If the declaration provides that a common interest community is subject to any development rights, the public offering statement must disclose, in addition to the information required by § 81-403 of this title: (a) The maximum number of units, and the maximum number of units per […]
§ 81-405. Time shares.
§ 81-405. Time shares. (a) If the declaration provides that ownership or occupancy of any units, is or may be in time shares, the public offering statement shall disclose, in addition to the information required by § 81-403 of this title: (1) The number and identity of units in which time shares may be created; […]