Sec. 47-281. Substantial completion of units required.
74 words·~1 min read·
/ct/title-47/chapter-828-common-interest-ownership-act/47-281·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the case of a sale of a unit in which 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 a registered architect, surveyor or engineer, or by issuance of a certificate of occupancy authorized by law.