§ 4-119. Declarant’s obligation to complete and restore
(a) Unless an improvement is labeled “need not be built,” the declarant shall complete all improvements depicted on any site plan or other graphic representation, if the site plan or other graphic representation is contained in the public offering statement or in any promotional material distributed by or for the declarant.
(b) The declarant is subject to liability for the prompt repair and restoration, to a condition compatible with the remainder of the common interest community, of any portion of the common interest community affected by the exercise of rights reserved pursuant to or created by section 2-110, 2-111, 2-112, 2-113, 2-115, or 2-116 of this title. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999.)
Structure Vermont Statutes
Title 27A - Uniform Common Interest Ownership Act (1994)
Article 4 - Protection of Purchasers
§ 4-102. Liability for public offering statement requirements
§ 4-103. Public offering statement; general provisions
§ 4-104. Common interest communities subject to development rights
§ 4-107. Common interest community securities
§ 4-113. Express warranties of quality
§ 4-114. Implied warranties of quality
§ 4-115. Exclusion or modification of implied warranties of quality
§ 4-116. Statute of limitations for warranties
§ 4-117. Effect of violations on rights of action
§ 4-118. Labeling of promotional material