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Old Posted Mar 8, 2007, 4:58 PM
CondoGuru CondoGuru is offline
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Join Date: Mar 2006
Posts: 302
So what you're saying is that they aren't actually sold, but just possibly reserved? This makes more sense. Because I do know that if a builder hasn't yet provided the Declaration and HUD reports, they cannot sign contracts period. Until that happens, there can only be reservations. That's why the Ritz hadn't signed any contracts for such a long time. I had friends that were under "reservation" there for more than 8 months before signing, where most require you to sign in 15 days.