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1999 SESSION

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SB 1090 Property Owners' Association Act; right of cancellation.

Introduced by: William C. Mims | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Property Owners’ Association Act; right of cancellation. Provides that whenever a contract is canceled by a purchaser based on seller’s failure to provide certain contract disclosures or pursuant to the right of cancellation provided by the Property Owners’ Association Act, any deposit or escrowed funds shall be returned within 30 days of the cancellation, unless the parties to the contract agreed upon a shorter period.


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