MARVIN MANDEL, Governor

935

(5)    A COPY OF THE PROJECTED ANNUAL OPERATING
BUDGET FOR THE CONDOMINIUM INCLUDING REASONABLE DETAILS
CONCERNING THE ESTIMATED MONTHLY PAYMENTS BY THE
PURCHASER FOR ASSESSMENTS, AND MONTHLY CHARGES FOR THE
USE, RENTAL, OR LEASE OF ANY FACILITIES NOT PART OF THE
CONDOMINIUM;

(6)    A COPY OF ANY LEASE TO WHICH IT IS
ANTICIPATED THE UNIT OWNERS OR THE COUNCIL OF UNIT OWNERS
WILL BE A PARTY FOLLOWING CLOSING;

(7)    A DESCRIPTION OF ANY CONTEMPLATED
EXPANSION OF THE CONDOMINIUM WITH A GENERAL DESCRIPTION
OF EACH STAGE OF EXPANSION AND THE MAXIMUM NUMBER OF
UNITS THAT CAN BE ADDED TO THE CONDOMINIUM;

(8)    A COPY OF THE FLOOR PLAN OF THE UNIT;

(9)    A DESCRIPTION OF AMY RECREATIONAL OR
OTHER FACILITIES WHICH ARE TO BE USED BY THE UNIT OWNERS
AND MAINTAINED BY THEM OR BY THE COUNCIL OF UNIT OWNERS
AND A STATEMENT AS TO WHETHER OR NOT THEY ARE TO BE PART
OF THE COMMON ELEMENTS;

(10)   A STATEMENT AS TO WHETHER STREETS WITHIN
THE CONDOMINIUM ARE TO BE DEDICATED TO PUBLIC USE OR
MAINTAINED BY THE COUNCIL OF UNIT OWNERS; AND

(11)   IN THE CASE OF CONDOMINIUMS CONTAINING
BUILDINGS SUBSTANTIALLY COMPLETED MORE THAN FIVE YEARS
PRIOR TO THE RECORDATION OF THE DECLARATION, A STATEMENT
OF THE PHYSICAL CONDITION AND STATE OF REPAIR OF THE
MAJOR STRUCTUAL, MECHANICAL, ELECTRICAL, AND PLUMBING
COMPONENTS OF THE IMPROVEMENTS TO THE EXTENT REASONABLY
ASCERTAINABLE. THE VENDOR IS ENTITLED TO RELY ON THE
REPORTS OF ARCHITECTS OR ENGINEERS AUTHORIZED TO PRACTICE
THEIR PROFESSION IN THIS STATE.

(C)    FOLLOWING EXECUTION OF A CONTRACT OF SALE BY A
PURCHASER, THE VENDOR MAY NOT AMEND ANY OF THE MATERIAL
REQUIRED TO BE FURNISHED BY SUBSECTION (A) WITHOUT THE
APPROVAL OF THE PURCHASER IF THE AMENDMENT WOULD AFFECT
MATERIALLY THE RIGHTS OF THE PURCHASER; PROVIDED THAT
APPROVAL IS NOT REQUIRED IF THE AMENDMENT IS REQUIRED BY
ANY GOVERNMENTAL AUTHORITY OR PUBLIC UTILITY. A COPY OF
ANY AMENDMENTS SHALL BE DELIVERED PROMPTLY TO THE
PURCHASER.

(D)    ANY PURCHASER MAY AT ANY TIME (1) WITHIN 15
DAYS FOLLOWING RECEIPT OF ALL OF THE INFORMATION REQUIRED
PURSUANT TO SUBSECTION (B) AND (2) WITHIN FIVE DAYS
FOLLOWING RECEIPT OF THE INFORMATION REQUIRED PURSUANT TO
SUBSECTION (C), RESCIND IN WRITING THE CONTRACT OF SALE
WITHOUT STATING ANY REASON AND WITHOUT ANY LIABILITY ON
HIS PART, AND HE SHALL BE ENTITLED TO THE RETURN OF ANY
DEPOSITS MADE ON ACCOUNT OF THE CONTRACT.

(E) ANY SELLER WHO, IN DISCLOSING THE INFORMATION