CHAPTER 34-36.1
Condominium Law

ARTICLE 34-36.1-4.01
Protection of Condominium Purchasers

SECTION 34-36.1-4.20

§ 34-36.1-4.20. Substantial completion of units.

In the case of a sale of a unit where delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed until the declaration is recorded and the unit is substantially completed, as evidenced by a recorded certificate of substantial completion executed by an independent registered architect or engineer, or by issuance of a certificate of occupancy authorized by law.

History of Section.
(P.L. 1982, ch. 329, § 2.)