PART V. PROTECTION OF CONDOMINIUM PURCHASERS A. General Provisions [§514B-81] Applicability; exceptions. (a) This part applies to all units subject to this chapter, except as provided in subsection (b). (b) No developer's public report shall be required in the case of: (1) A gratuitous disposition of a unit; (2) A disposition pursuant to court order; (3) A disposition by a government or governmental agency; (4) A disposition by foreclosure or deed in lieu of foreclosure; or (5) The sale of units in bulk, as defined in section 514B-51(b); provided that the requirements of this part shall apply to any sale of units to the public following the sale of units in bulk. [L 2005, c 93, pt of §4]
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