If an interest in a condominium is currently registered with the Securities and Exchange Commission of the United States or registered pursuant to the Interstate Land Sales Full Disclosure Act, a declarant satisfies all requirements relating to the preparation and delivery of an offering statement of this chapter if he or she delivers to the purchaser a copy of the offering statement filed with the Securities and Exchange Commission or a copy of the property report approved in accordance with the Interstate Land Sales Full Disclosure Act as a part of the registration process.
Structure Code of Alabama
Chapter 8A - Alabama Uniform Condominium Act.
Article 4 - Protection of Condominium Purchasers.
Section 35-8A-401 - Applicability; Waiver.
Section 35-8A-402 - Liability for Offering Statement Requirements.
Section 35-8A-403 - Offering Statement - General Provisions.
Section 35-8A-404 - Offering Statement - Condominiums Subject to Development Rights.
Section 35-8A-405 - Offering Statement - Time Shares.
Section 35-8A-406 - Offering Statement - Condominiums Containing Conversion Buildings.
Section 35-8A-407 - Offering Statement - Condominium Securities.
Section 35-8A-408 - Purchaser's Right to Cancel.
Section 35-8A-409 - Resales of Units.
Section 35-8A-410 - Escrow of Deposits.
Section 35-8A-411 - Release of Liens.
Section 35-8A-412 - Conversion Buildings.
Section 35-8A-413 - Express Warranties.
Section 35-8A-414 - Effect of Violations on Rights of Action; Attorney's Fees.
Section 35-8A-415 - Labeling of Promotional Material.
Section 35-8A-416 - Declarant's Obligation to Complete and Restore.