(a) Except for an improvement labeled “NEED NOT BE BUILT,” the declarant shall complete each improvement depicted on a site plan or other graphic representation, including any plats or plans prepared under AS 34.08.180, whether or not the site plan or other graphic representation is contained in the public offering statement or in promotional material distributed by or for the declarant.
(b) The declarant is liable for the prompt repair and restoration, to a condition compatible with the remainder of the common interest community, of a portion of the common interest community affected by the exercise of rights reserved under or created by AS 34.08.180, 34.08.190, 34.08.200, 34.08.210, 34.08.230, or 34.08.240.
Structure Alaska Statutes
Chapter 08. Common Interest Ownership
Article 4. Protection of Purchasers.
Sec. 34.08.510. Applicability.
Sec. 34.08.520. Liability for public offering statement requirements.
Sec. 34.08.530. Public offering statements generally.
Sec. 34.08.540. Common interest communities subject to development rights.
Sec. 34.08.560. Common interest communities containing conversion property.
Sec. 34.08.570. Common interest community securities.
Sec. 34.08.580. Purchaser's right to cancel.
Sec. 34.08.590. Resales of units.
Sec. 34.08.600. Escrow of deposits.
Sec. 34.08.610. Release of liens.
Sec. 34.08.620. Conversion property.
Sec. 34.08.630. Express warranties of quality.
Sec. 34.08.640. Implied warranties of quality.
Sec. 34.08.650. Exclusion or modification of implied warranties of quality.
Sec. 34.08.660. Statute of limitations for warranties.
Sec. 34.08.670. Effect of violations on rights of action.
Sec. 34.08.680. Labeling of promotional material.
Sec. 34.08.690. Declarant's obligation to complete and restore.