clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1990 Session
Volume 436, Page 2317   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

WILLIAM DONALD SCHAEFER, Governor Ch. 519
Approved May 29, 1990.

CHAPTER 519
(Senate Bill 878)

AN ACT concerning

Condominiums - Leasehold Estates

FOR the purpose of specifying that a leasehold estate for residential purposes may be
subjected to a condominium regime if the State is the owner of the reversionary
fee simple estate; and generally relating to the establishment of condominium
regimes in the State.

BY repealing and reenacting, with amendments,
Article - Real Property
Section 11-102
Annotated Code of Maryland
(1988 Replacement Volume and 1989 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

11-102.

(a) (1) The fee simple owner or lessee under a lease that exceeds 60 years of
any property in the State may subject the property to a condominium regime by
recording among the land records of the county where the property is located, a
declaration, bylaws, and condominium plat that comply with the requirements specified
in this title.

(2) [However] NOTWITHSTANDING THE PROVISIONS OF
PARAGRAPH (1) OF THIS SUBSECTION, a leasehold estate may not be subjected
to a condominium regime if it is used for residential purposes UNLESS THE STATE IS
THE OWNER OF THE REVERSIONARY FEE SIMPLE ESTATE.

(b) If any property lying partly in one county and partly in any other county is
subjected to a condominium regime, the declaration, bylaws, and condominium plat
shall be recorded in all counties where any portion of the property is located.
Subsequent instruments affecting the title to a unit which is physically located entirely
within a single county shall be recorded only in that county, notwithstanding the fact
that the common elements are not physically located entirely within that county.

(c) All instruments affecting title to units shall be recorded and taxed as in
other real property transactions. However, no State or local tax may be imposed by
reason of the execution or recordation of the declaration, bylaws, condominium plat, or

- 2317 -


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1990 Session
Volume 436, Page 2317   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives