719.202 – Sales or reservation deposits prior to closing.

719.202 Sales or reservation deposits prior to closing.— (1) If a developer contracts to sell a cooperative parcel and the construction, furnishing, and landscaping of the property submitted or proposed to be submitted to cooperative ownership has not been substantially completed in accordance with the plans and specifications and representations made by the developer in the disclosures […]

719.203 – Warranties.

719.203 Warranties.— (1) The developer shall be deemed to have granted to the purchaser of each parcel an implied warranty of fitness and merchantability for the purposes or uses intended as follows: (a) As to each unit, a warranty for 3 years commencing with the completion of the building containing the unit. (b) As to the personal property that […]