PART III. REGISTRATION AND ADMINISTRATION

§514A-31 Notification of intention. Prior to the time when apartments in a condominium project are to be offered for sale in this State, the developer shall register the project with the commission by notifying the commission in writing of the developer's intention to sell such apartments. No offer of sale or sale shall be made until the project has been registered with the commission and the commission has issued an effective date for the project's preliminary, contingent final, or final public report. [L 1977, c 98, pt of §2; gen ch 1985; am L 1991, c 44, §2; am L 1997, c 135, §4]