What does the Commission issue early in the condominium development process?

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The correct answer pertains to the early part of the condominium development process, where the Commission issues a statement of written commitment. This document indicates that the developer is making progress toward fulfilling the requirements necessary to proceed with the condominium project. It shows a level of seriousness and intent from the developer, which is vital during the initial stages of development.

In the context of real estate, a statement of written commitment helps to establish credibility and outlines the developer's plans, which is crucial for regulatory and approval processes. It can serve as a precursor to more formal documentation and assurances that address compliance with the laws and regulations governing condominium developments.

Other options, such as a notification of intention, refer to different stages or documents in the real estate process but do not encapsulate the specific function of the statement of written commitment. Thus, focusing on the commitment made by the developer during the early stages is essential to understanding how the Commission engages in overseeing condominium developments.

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