Herlson v. RTS Residential Block 5, LLC, 993 A.2d 699, 191 Md. App. 719 (2010)
Apr 29, 2010OUTCOME: Reversing the trial court, the Court of Special Appeals agreed that (1) any change to the POS triggered the 5-day right of recission contained in the Maryland Condominium Act, and (2) changes made by the developer were in fact material to the purchaser.
Contract Dispute: Represented purchaser of residential condominium unit, where developer changed terms of the Public Offering Statement, and therefore the terrms of the contract, subsequent to executio ... n of the contract. The developer contended that the changes were not material, and could not support purchaser's rescission of the contract.
