33 §1604-115. Statute of limitations for warranties
§1604-115. Statute of limitations for warranties (a) A judicial proceeding for breach of any obligation arising under section 1604‑112 or 1604‑113 must be commenced within 6 years after the cause of action accrues, but the parties may agree to reduce the period of limitation to not less than 2 years. With respect to a unit […]
33 §1604-116. Effect of violations on rights of action
§1604-116. Effect of violations on rights of action If a declarant or any other person subject to this Act fails to comply with any provision hereof or any provision of the declaration or bylaws, any person or class of persons adversely affected by that failure has a claim for appropriate relief. [PL 1981, c. […]
33 §1604-117. Labeling of promotional material
§1604-117. Labeling of promotional material If any improvement contemplated in a condominium is labeled “NEED NOT BE BUILT” on a plat or plan, or is to be located within a portion of the condominium with respect to which the declarant has reserved a development right, no promotional material may be displayed or delivered to prospective […]
33 §1604-118. Declarant’s obligation to complete and restore
§1604-118. Declarant’s obligation to complete and restore (a) The declarant shall complete all improvements labeled “MUST BE BUILT” on plats or plans prepared pursuant to section 1602‑109. [PL 1981, c. 699 (NEW).] (b) The declarant is subject to liability for the prompt repair and restoration, to a condition compatible with the remainder of the […]
33 §1604-112. Express warranties of quality
§1604-112. Express warranties of quality (a) Express warranties made by any seller to a purchaser of a unit, if relied upon by the purchaser, are only created as follows: (1) Any written affirmation of fact or promise which relates to the unit, its use, or rights appurtenant thereto, area improvements to the condominiums that […]
33 §1604-113. Implied warranties of quality
§1604-113. Implied warranties of quality (a) A declarant and any person in the business of selling real estate for his own account warrants that a unit will be in at least as good condition at the earlier of the time of the conveyance or delivery of possession as it was at the time of contracting, […]
33 §1604-114. Exclusion or modification of implied warranties of quality
§1604-114. Exclusion or modification of implied warranties of quality (a) Except as limited by subsection (b) with respect to a purchaser of a unit that may be used for residential use, implied warranties of quality: (1) May be excluded or modified by agreement of the parties; and [PL 1981, c. 699 (NEW).] (2) […]
33 §1604-101. Applicability; waiver
§1604-101. Applicability; waiver (a) This article applies to all units subject to this Act, except as provided in subsection (b) or as modified or waived by agreement of purchasers of units in a condominium in which all units are restricted to nonresidential use. [PL 1981, c. 699 (NEW).] (b) Neither a public offering statement […]
33 §1604-102. Liability for public offering statement requirements
§1604-102. Liability for public offering statement requirements (a) Except as provided in subsection (b) or section 1604‑106, a declarant must, prior to the offering of any interest in a unit to the public, prepare a public offering statement conforming to the requirements of sections 1604‑103, 1604‑104 and 1604‑105. [PL 1981, c. 699 (NEW).] (b) […]
33 §1604-103. Public offering statement; general provisions
§1604-103. Public offering statement; general provisions (a) Except as provided in subsection (b), a public offering statement must contain or fully and accurately disclose: (1) The name and principal address of the declarant and of the condominium; [PL 1981, c. 699 (NEW).] (2) A general description of the condominium, including, to the extent […]