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MARVIN MANDEL, Governor 2159
MORTGAGEE, AS SUCH, MAY BE DEEMED A UNIT OWNER.
11-102. ESTABLISHMENT OF CONDOMINIUM REGIME.
(A) THE OWNER 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, BY-LAWS, AND CONDOMINIUM PLAT
THAT COMPLY WITH THE REQUIREMENTS SPECIFIED IN THIS
TITLE.
(B) IF ANY PROPERTY LYING PARTLY IN ONE COUNTY AND
PARTLY IN ANY OTHER COUNTY, IS SUBJECTED TO A CONDOMINIUM
REGIME, THE DECLARATION, BY-LAWS, 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, BY-LAWS, CONDOMINIUM PLAT, OR ANY STATEMENT
OF CONDOMINIUM LIEN RECORDED PURSUANT TO THE PROVISIONS
OF §11-110.
(D) THE DECLARATION, BY-LAWS, AND CONDOMINIUM PLAT
SHALL BE INDEXED IN THE GRANTOR INDEX UNDER THE NAME OF
THE DEVELOPER AND UNDER THE NAME OF THE CONDOMINIUM.
SUBSEQUENT AMENDMENTS SHALL BE INDEXED UNDER THE NAME OF
THE CONDOMINIUM.
11-103. DECLARATION.
(A) THE DECLARATION SHALL EXPRESS AT LEAST THE
FOLLOWING PARTICULARS:
(1) THE NAME BY WHICH THE CONDOMINIUM IS TO
BE IDENTIFIED, WHICH NAME SHALL INCLUDE THE WORD
"CONDOMINIUM" OR BE FOLLOWED BY THE PHRASE "A
CONDOMINIUM";
(2) A DESCRIPTION OF THE CONDOMINIUM
SUFFICIENT TO IDENTIFY IT WITH REASONABLE CERTAINTY
TOGETHER WITH A STATEMENT OF THE OWNER'S INTENT TO
SUBJECT THE PROPERTY TO THE CONDOMINIUM REGIME
ESTABLISHED UNDER THIS TITLE;
(3) A GENERAL DESCRIPTION OF EACH UNIT,
INCLUDING ITS PERIMETERS, LOCATION, AND ANY OTHER DATA
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