47C-4-119. Declarant's obligation to complete.
(a) The declarant shall complete all improvements labeled "MUST BE BUILT" on plats or plans prepared pursuant to G.S. 47C-2-109.
(b) The declarant is subject to liability for the prompt repair and restoration, to a condition compatible with the remainder of the condominium, of any portion of the condominium affected by the exercise of rights reserved pursuant to or created by G.S. 47C-2-110, 47C-2-111, 47C-2-112, 47C-2-113, 47C-2-115, and 47C-2-116. (1985 (Reg. Sess., 1986), c. 877, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 47C - North Carolina Condominium Act
Article 4 - Protection of Purchasers.
§ 47C-4-101 - Applicability; waiver.
§ 47C-4-102 - Liability for public offering statement requirements.
§ 47C-4-103 - Public offering statement; general provisions.
§ 47C-4-104 - Same; condominiums subject to developmental rights.
§ 47C-4-105 - Same; time share.
§ 47C-4-106 - Conversion buildings.
§ 47C-4-107 - Same; condominium securities.
§ 47C-4-108 - Purchaser's right to cancel.
§ 47C-4-109 - Resales of units.
§ 47C-4-110 - Escrow of deposits.
§ 47C-4-111 - Release of liens or encumbrances.
§ 47C-4-113 - Express warranties of quality.
§ 47C-4-114 - Implied warranties of quality.
§ 47C-4-115 - Exclusion of modification of implied warranties of quality.
§ 47C-4-116 - Statute of limitations for warranties.
§ 47C-4-117 - Effect of violations on rights of action; attorney's fees.
§ 47C-4-118 - Labeling of promotional material.