Documents to be given by seller to buyer
10 Documents to be given by seller to buyer
The seller of a proposed lot must give the proposed buyer of the lot, before the proposed buyer enters into a contract for the sale of the lot—
a disclosure plan and disclosure statement for the proposed lot; or
a copy of the plan of survey for the proposed lot approved by the relevant local government under the Planning Act or by MEDQ under the Economic Development Act.
The seller of a proposed lot does not fail to give the buyer a disclosure plan or disclosure statement under subsection (1)(a) merely because the plan or statement, although substantially complete as at the day the contract is entered into, contains inaccuracies.
If the seller of a proposed lot fails to comply with subsection (1), the buyer may terminate the contract for the sale of the lot by written notice given to the seller before the contract is settled.
In this section—disclosure plan means a disclosure plan complying with section 11.disclosure statement means a disclosure statement complying with section 12.
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.