Before offering units for sale, what must a developer do?

Prior to offering units for sale, a developer is required to file all necessary legal documents. This step is essential to ensure that the development complies with local, state, and federal regulations, including zoning laws, environmental assessments, building permits, and other legal requirements. Such documentation serves to protect both the developer and potential buyers by providing formal recognition of the project and its legality. It also facilitates transparency and helps assure buyers that the development is legitimate and adheres to the stipulated regulations.

While conducting surveys of potential buyers, creating a marketing plan, and hosting community meetings may be beneficial for the developer in various ways, they are not legal prerequisites for the sale of the units. Filing the requisite legal documents is a foundational step in the development process that ensures all legal frameworks are adhered to before marketing the project or engaging with prospective purchasers.