43-15A-19. Copy of reports issued to prospective purchaser before binding contract for sale--Time to read copy--Receipt.

No developer may enter into a binding contract or agreement for the sale of any unit in a condominium project until a true copy of the Real Estate Commission's final or substitute public report thereon with all supplementary public reports, if any, has been issued and given to the prospective purchaser who has been given no less than ten days to read same, and, his receipt taken therefor.

Source: SL 1975, ch 270, § 14; SL 1986, ch 302, § 88.