North Carolina General Statutes 47A-35. Offering statement
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An offering statement must contain or fully and accurately disclose:
(1) The name and principal address of the declarant;
Terms Used In North Carolina General Statutes 47A-35
- Declarant: means any person or group of persons acting in concert who, as part of a common promotional plan, offers to dispose of his or its interest in a unit not previously disposed of. See North Carolina General Statutes 47A-34
- Offering: means any advertisement, inducement, solicitation, or attempt to encourage any person to acquire any interest in a unit, other than as security for an obligation. See North Carolina General Statutes 47A-34
(2) A general description of the condominium including, to the extent possible, a listing of any improvements and amenities that declarant anticipates including in the condominium, and declarant’s schedule of completion of construction on buildings;
(3) The terms and significant limitations of any warranties provided by the declarant; and
(4) Any other information made available to the general public in connection with the offering. (1983, c. 624, s. 1.)