(a) The public offering statement of a common interest community containing any conversion building must contain, in addition to the information required by section 4-103;
(1) A statement by the declarant, based on a report prepared by an independent (registered) architect or engineer, describing the present condition of all structural components and mechanical and electrical installations material to the use and enjoyment of the building;
(2) A statement by the declarant of the expected useful life of each item reported on in paragraph (1) or a statement that no representations are made in that regard; and
(3) A list of any outstanding notices of uncured violations of building code or other municipal regulations, together with the estimated cost of curing those violations.
(b) This section applies only to buildings containing units that may be occupied for residential use.
Structure West Virginia Code
Chapter 36B. Uniform Common Interest Ownership Act
Article 4. Protection of Purchasers
§36B-4-101. Applicability; Waiver
§36B-4-102. Liability for Public Offering Statement Requirements
§36B-4-103. Public Offering Statement; General Provisions
§36B-4-104. Same -- Common Interest Communities Subject to Development Rights
§36B-4-105. Same -- Time Shares
§36B-4-106. Same -- Common Interest Communities Containing Conversion Buildings
§36B-4-107. Same -- Common Interest Community Securities
§36B-4-108. Purchaser's Right to Cancel
§36B-4-110. Escrow of Deposits
§36B-4-112. Conversion Buildings
§36B-4-113. Express Warranties of Quality
§36B-4-114. Implied Warranties of Quality
§36B-4-115. Exclusion or Modification of Implied Warranties of Quality
§36B-4-116. Statute of Limitations for Warranties
§36B-4-117. Effect of Violations on Rights of Action; Attorney's Fees
§36B-4-118. Labeling of Promotional Material