Mass. Gen. Laws ch. 183A § 22

Current through Chapter 223 of the 2024 Legislative Session
Section 183A:22 - Foreclosure of condominium development; liability of lender and developer

In the event of a foreclosure upon a condominium development, the lender taking over the project shall succeed to any obligations the developer has with the unit owners and to the tenants, except that the developers shall remain liable for any misrepresentation already made and for warranties on work done prior to the transfer.

Mass. Gen. Laws ch. 183A, § 22