Property Ownership
Missouri's 'Condominium Act' requires that before selling condominium units, developers must provide buyers with a:
AMREC-approved inspection report
BPublic offering statement (or public report) disclosing key information about the project✓ Correct
CFive-year price guarantee
DMortgage commitment letter
Explanation
Missouri's Condominium Act requires condominium developers to prepare and provide buyers with a public offering statement containing information about the project, association, budget, and other key disclosures before the sale becomes binding.
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