Title 44, Chapter 3, Section 110
( 44-3-110)
Any rights of first refusal or other restraints on free alienability
of the condominium units created by the condominium instruments
shall be void unless the condominium instruments make provision for
furnishing upon request to any unit owner or person who has executed
a contract for the purchase of a condominium unit a recordable
statement certifying to any waiver of or failure or refusal to
exercise such rights and restraints whenever such waiver, failure,
or refusal has occurred. Failure or refusal to furnish that
statement within 30 days or such lesser period as the condominium
instruments may specify shall cause all such rights and restraints
to be inapplicable to the disposition of the condominium unit in
contemplation of which such statement was requested. Any such
statement shall be binding on the association and on every unit
owner. Payment of a fee not exceeding $25.00 may be required as a
prerequisite to the issuance of such a statement if the condominium
instruments so provide. |