Established in 1911, Douglas Elliman Actual Estate is the largest brokerage in the New York Metropolitan space and the third largest residential real property firm nationwide. THE SELLER HAS NO OBLIGATION TO FUND CONVERTER RESERVES OR TO PROVIDE CONVERTER WARRANTIES UNDER S. 718.618 ON ANY PORTION OF THE CONDOMINIUM PROPERTY BESIDES AS EXPRESSLY REQUIRED OF THE SELLER IN THE CONTRACT FOR BUY AND SALE EXECUTED BY THE SELLER AND THE EARLIER DEVELOPER AND PERTAINING TO ANY DESIGN, CONSTRUCTION, DEVELOPMENT, OR RESTORE WORK CARRIED OUT BY OR ON BEHALF OF THE SELLER.
three. If the board fails to duly discover and maintain a board assembly within 5 full business days after service of an settlement in writing or inside 5 full business days after the adjournment of the unit owner recall assembly, the recall shall be deemed effective and the board members so recalled shall flip over to the board inside 10 full enterprise days after the vote any and all information and property of the association.
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2. A clause which states: THIS SETTLEMENT IS VOIDABLE BY PURCHASER BY DELIVERING WRITTEN NOTICE OF THE CUSTOMER’S INTENTION TO CANCEL WITHIN 3 DAYS, EXCLUDING SATURDAYS, SUNDAYS, AND AUTHORIZED HOLIDAYS, AFTER THE DATE OF EXECUTION OF THIS SETTLEMENT BY THE BUYER AND RECEIPT BY BUYER OF A PRESENT COPY OF THE DECLARATION OF CONDOMINIUM, ARTICLES OF INCORPORATION, BYLAWS AND GUIDELINES OF THE AFFILIATION, AND A DUPLICATE OF THE MOST RECENT YR-END FINANCIAL DATA AND OFTEN REQUESTED QUESTIONS AND ANSWERS DOCUMENT IF SO REQUESTED IN WRITING.
4. For amendments of such restrictions, which amendments, if affordable and made upon vote or consent of a majority in curiosity of the homeowners within the venture given after reasonable discover, shall be binding upon each owner and every condominium subject thereto, whether or not the burdens thereon are increased or decreased thereby, and whether the owner of every condominium consents thereto or not.