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Sec. 31. Multi-Unit Developments Act 2011

ISB Act 2011-01-24
Open official source Full Act (37 Articles) Machine-readable Markdown (.md)

Transfer of benefit of guarantees and warranties.

31.

Transfer of benefit of guarantees and warranties.

Transfer of benefit of guarantees and warranties.

31.— (1) Notwithstanding any agreement to the contrary, where a person develops a multi-unit development the benefit of any warranty or guarantee relating to any materials used in the construction, repair or improvement of a multi-unit development or plant, machinery or equipment installed in the multi-unit development shall stand transferred to the owners’ management company concerned without any requirement for the giving of a notice of assignment to any person for the benefit of the unit owners in the development.

(2) Where the development stage of a multi-unit development has ended, a developer shall furnish to each owners’ management company concerned the documentation specified in Schedule 3 relating to the development concerned.

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