Vermont § 1334 - Exclusive right to purchase
Full text of Vermont Vermont Statutes Online § 1334 — Exclusive right to purchase, with citation guidance and answers to common questions.
§ 1334. Exclusive right to purchase
- (a) For 90 days after giving the notice described in section 1333 of this title, the declarant shall offer to convey each unit or proposed unit occupied for residential
use to the tenant who rents that unit. The tenant shall be given all documents provided
to the general public or to other tenants as part of the offering for sale of the
unit. If a tenant fails to contract for the unit during the offer period, the declarant
may not offer an interest in that unit during the following 90 days at a price or
on terms more favorable to the offeree than the price or terms offered to the tenant. (b) If a declarant conveys a unit in violation of section 1333 to a purchaser for value
who has no knowledge of the violation, recordation of the deed conveying the unit
extinguishes any right a tenant may have to purchase the unit, but does not affect
the right of a tenant to recover damages from the declarant. (c) This section shall not apply to any unit in a conversion building if that unit will
be restricted exclusively to nonresidential use or the boundaries of the converted
unit do not substantially conform to the dimensions of the residential unit before
conversion. (Added 1985, No. 175 (Adj. Sess.), § 5.)
Frequently Asked Questions About Vermont § 1334
What does Vermont Statutes Online § 1334 cover?
Section 1334 ("Exclusive right to purchase") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 1334?
A common citation format is "Vermont Statutes Online § 1334" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 1334 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.