Condominium Act

[AI summary unavailable — showing source text] Condominium Act - States that it shall be unlawful for any developer or agent, directly or indirectly, to make use of any means or instrument of transportation or communication in interstate commerce, or of the mails, to sell any condominium in any project unless the project is registered and a statement of record with respect to such condominium is in effect in accordance with the provisions of this Act, and a printed public offering statement, meeting the requirements of this Act, is furnished to the purchaser in advance of the signing of any contract or agreement for sale by the purchaser. States that any contract or agreement for the purchase of a condominium in a project covered by this Act, where the public offering statement has not been given to the purchaser in advance or at the time of his signing, shall be voidable at the option of the purchaser. Provides that a purchaser may revoke such contract agreement within ten days, where he has received the public offering statement less than forty-eight hours before he signed the contract or agreement, and the contract or agreement shall so provide. Specifies the contents of a statement of record and of the public offering state…