If a developer does not file the required plans, Master Community Declarations, or Statutes within the sixty-day legal window, the DLD has the authority to intervene. The DLD may request any other entity it deems appropriate to file and maintain the…
If a developer does not file the required plans, Master Community Declarations, or Statutes within the sixty-day legal window, the DLD has the authority to intervene. The DLD may request any other entity it deems appropriate to file and maintain these documents instead. In such a scenario, the developer is held liable for all expenses and costs incurred by the DLD or the third party in completing this task. This ensures that the property register is updated even if the developer is negligent.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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