Connecticut Statutes

§ 47-265 — Requirements for public offering statement when community is subject to development rights.

Connecticut·Title 47 Land and Land Titles·Ch. 828 Common Interest Ownership Act

If the declaration provides that a common interest community is subject to any development rights, the public offering statement shall disclose, in addition to the information required by section 47-264:

(1)The maximum number of units, and the maximum number of units per acre, that may be created;
(2)A statement of how many or what percentage of the units that may be created will be restricted exclusively to residential use, or a statement that no representations are made regarding use restrictions;
(3)If any of the units that may be built within real property subject to development rights are not to be restricted exclusively to residential use, a statement, with respect to each portion of that real property, of the maximum percentage of the real property areas, and the maximum percenta

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Connecticut § 47-265 (Requirements for public offering statement when community is subject to development rights.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 83-474, S. 66, 96; P.A. 07-217, S. 181.) History: P.A. 07-217 made a technical change in Subdiv. (5), effective July 12, 2007. Cited. 207 C. 441.

Nearby Sections

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