HB 2771 - DIGEST

     Provides that if an agreement between a declarant and purchaser provides the declarant with a right to notice of and the right to cure conditions that are covered by any express or implied warranty of quality, the commencement of any proceeding based on an alleged breach of a warranty of quality shall be subject to the purchaser's or association's compliance with a reasonable notice provision and acceptance of reasonable measures by the declarant to cure the conditions.

     Declares that agreements entered into between a declarant and all of the original purchasers of units in a condominium shall be binding upon the association and subsequent purchasers.