Section 34-41-4.18 Substantial completion of units.

RI Gen L § 34-41-4.18 (2019) (N/A)
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§ 34-41-4.18. Substantial completion of units. In the case of a sale of a time share interest unit where delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed or finally transferred until the unit is substantially completed, as evidenced by a recorded certificate of substantial completion executed by an independent registered architect or engineer, or by issuance of a certificate of occupancy authorized by law.

History of Section. (P.L. 1984, ch. 141, § 2.)