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Session Laws, 1972
Volume 708, Page 1076   View pdf image
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1076                               Laws of Maryland                        [Ch. 349

(7) All other elements of the building rationally of common use
or necessary to its existence, upkeep and safety.

(g) "Limited common elements" means and includes those com-
mon elements which are set forth in the master deed or are agreed
upon by a majority of the co-owners to be reserved for the use of a
certain number of apartments or condominium units, to the exclusion
of other apartments or condominium, units, such as special corridors,
stairways and elevators, sanitary services common to the apartments
of a particular floor, and the like;

(h) "Majority of co-owners" means 51% or more, "three fourths
(¾) of the co-owners" means 75% or more, of the votes computed in
accordance with percentages as established by
§ 120 of this subtitle.

(i) "Master deed" or "master lease" means the deed or lease
recording the property of the horizontal property regime;

(j) "Plat of condominium subdivision" means a plat of the entire
property described in the master deed as such plat is prepared by a
surveyor or registered engineer duly qualified to certify plats for the
subdivision of land in the State of Maryland, and the affected political
subdivision thereof.

(k) "Person" means a natural individual, corporation, trustee,
or other legal entity or any combination thereof;

(l) "Developer" means a person who undertakes to develop a
real estate condominium project;

(m) "Property" means and includes the land, whether leasehold
or in fee simple, the building or buildings, all improvements and
structures thereon, and all easements, rights and appurtenances
thereunto belonging.

(n) "To record" means to record pursuant to the laws of this
State and the affected political subdivision relating to the recording
of deeds and plats.

(o)    "Common expenses" means and includes:

(1)    All sums assessed against the unit owners by the council of
co-owners pursuant to
§ 11-116 of this title;

(2)    Expenses of administration, maintenance, repair or re-
placement of the common areas and facilities, including repair and
replacement funds as may be established;

(3)    Expenses agreed upon as common expenses by the council of
co-owners;

(4) Expenses declared common expenses by the provisions of
this subtitle or by the bylaws.

(p) "Common profits" means the balance of all income, rents,
profits and revenues from the common areas and facilities remaining
after deduction of the common expenses.

11-102. Establishment of horizontal property regime.

Whenever a developer, owner, or co-owners of any parcel of land
and improvements in this State expressly declare, through the re-
cordation of a master deed or lease, together with a plat, in the


 

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Session Laws, 1972
Volume 708, Page 1076   View pdf image
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