ONCE THE RESCISSION PERIOD IS OVER, WHAT HAPPENS NEXT?
The contract becomes binding on both parties, and you are obligated to purchase the unit under contract upon completion of construction. [back to top] ** The Developer has prepared an estimate of the operating expense budget for FieldHouse – Baton Rouge Condominiums, for a projected one (1) year period after the conveyance of the first Unit, which estimate is based upon its investigation and experience. It is believed to be reasonably accurate and adequate, but no warranty or guaranty is made or intended nor may one be relied upon. The indicated replacement reserves are intended as funds which may be used by FieldHouse – Baton Rouge Condominium Association, Inc. to meet unforeseen contingencies and rising costs and may be accumulated for eventual replacement of capital items.
