View Single Post
Old 08-17-2018, 10:14 AM   #39
Seaplane Pilot
Senior Member
 
Join Date: Apr 2004
Posts: 1,177
Thanks: 662
Thanked 943 Times in 368 Posts
Default

Quote:
Originally Posted by TiltonBB View Post
Only condo projects of 10 or more units need Attorney General's approval.

The law is in place to be certain the developer has the financial ability to complete the project. The law came about because of projects that did not get completed and left early purchasers in an incomplete neighborhood. Sometimes that resulted in paving and infrastructure issues that there was no money to finish.
Thanks for the clarification. But I would assume Southdown would be a condo association of more than 10 units?
Seaplane Pilot is offline   Reply With Quote