Increasing the supply of condominiums by expanding the types of condominium buildings that may be subject to an express warranty of quality and express warranty insurance coverage.

This bill expands the types of condominium buildings that can use an express warranty of quality and insurance instead of implied warranties. It specifies conditions for these alternative warranties, including requirements for the warranty itself and insurance coverage. This change aims to increase the supply of condominiums by offering developers more options for warranties on certain types of buildings.

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