Law of Ownership Subdivision and Management of Real Estate Units

1. An owner of a subdivided real estate unit must disclose in writing to a potential buyer all relevant information, including specifications, annexes, associated rights and obligations, as well as an adequate description of the jointly-owned real estate, and its contents, management, and type of ownership. Such information shall be deemed an integral part of the sale contract and the potential buyer must be notified of any change thereto prior to concluding the sale contract. The Regulations shall specify the necessary provisions therefor. 2. If the disclosure does not include information required under paragraph (1) of this Article, and such nondisclosure results in harm to the buyer or renders the subdivided real estate unit unsuitable for the purpose for which it was purchased, the buyer may terminate the sale contract within 30 days from the date he signs the contract or the date he becomes aware of the undisclosed information. The buyer shall not bear any costs arising from such termination.