Property Ownership (alternative)
Maryland's Condominium Act requires that buyers of new condominiums receive a public offering statement:
AAfter signing the purchase contract only
BBefore signing the purchase contract or within the rescission period✓ Correct
COnly at the time of settlement
DOnly for condominiums over 20 units
Explanation
The Maryland Condominium Act requires developers to provide a public offering statement to purchasers of new condominiums before they sign the contract, or within the statutory rescission period.
Related Maryland Property Ownership (alternative) Questions
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