Partnertax.ai
Start free trial →

Delaware Code (Titles 8, 9, 25, 30)

25 Del. C. § 81-406

Common interest communities containing conversion buildings

Official textdelcode.delaware.gov

# (a)

The public offering statement of a common interest community containing any conversion building must contain, in addition to the information required by § 81-403 of this title:

# (1)

A statement by the declarant, based on a report prepared by an independent registered architect or engineer, describing the present condition of all structural components and mechanical and electrical installations material to the use and enjoyment of the building;

# (2)

A statement by the declarant of the expected useful life of each item reported on in paragraph (a)(1) of this section or a statement that no representations are made in that regard; and

# (3)

A list of any outstanding notices of uncured violations of building code or other municipal regulations, together with the estimated cost of curing those violations.

# (b)

This section applies only to buildings containing units that may be occupied for residential use.

Amendment history

76 Del. Laws, c. 422, § 2; 77 Del. Laws, c. 91, § 82

Source: view the official text

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this title (40 sections)
  1. 25-81-312 · Conveyance or encumbrance of common elements
  2. 25-81-313 · Insurance
  3. 25-81-314 · Surplus funds
  4. 25-81-315 · Assessments for common expenses
  5. 25-81-316 · Lien for assessments
  6. 25-81-317 · Other liens
  7. 25-81-318 · Association records
  8. 25-81-319 · Association as trustee
  9. 25-81-320 · Rules
  10. 25-81-321 · Litigation involving declarant
  11. 25-81-322 · [Reserved.]
  12. 25-81-323 · Removal of members of executive board
  13. 25-81-324 · Adoption of budget
  14. 25-81-325 · Service on associations and executive board
  15. 25-81-326 · Delaware corporations
  16. 25-81-401 · Applicability; waiver
  17. 25-81-402 · Liability for public offering statement requirements
  18. 25-81-403 · Public offering statement; general provisions
  19. 25-81-404 · Common interest communities subject to development right
  20. 25-81-405 · Time shares
  21. 25-81-406 · Common interest communities containing conversion buildings
  22. 25-81-407 · Common interest community securities
  23. 25-81-408 · Purchaser’s right to cancel
  24. 25-81-409 · Resales of units
  25. 25-81-410 · Escrow of deposits
  26. 25-81-411 · Release of liens
  27. 25-81-412 · Conversion buildings
  28. 25-81-413 · Express warranties of quality
  29. 25-81-414 · Implied warranties of quality
  30. 25-81-415 · Exclusion or modification of implied warranties of quality
  31. 25-81-416 · Statute of limitations for warranties
  32. 25-81-417 · Effect of violations on rights of action; attorneys’ fees
  33. 25-81-418 · Labeling of promotional material
  34. 25-81-419 · Declarant’s obligation to complete and restore
  35. 25-81-420 · Substantial completion of units
  36. 25-81-421 · Amendment to public offering statement
  37. 25-101 · Transfer of title to real estate by deed
  38. 25-102 · Effect of deeds by married women
  39. 25-103 · Circumstances under which wife may bar her dower without…
  40. 25-104 · Trustee for wife with a mental disability; barring of dower
Full table of contents →