2166 LAWS OF MARYLAND [Ch. 641
(1) A UNIT OWNER'S RIGHT TO POSSESS, USE, OR
ENJOY [[SPECIFIC]] PROPERTY OF THE COUNCIL OF UNIT OWNERS
SHALL BE AS PROVIDED IN THE BY-LAWS; AND
(2) A UNIT OWNER'S INTEREST IN THE PROPERTY
IS NOT ASSIGNABLE OR ATTACHABLE SEPARATE FROM HIS UNIT
EXCEPT AS PROVIDED IN §§[[11-107(B)]] 11-107(D) AND
11—112(G) .
11-110. COMMON EXPENSES AND COMMON PROFITS.
(A) ALL COMMON PROFITS OF THE CONDOMINIUM SHALL BE
DISBURSED TO THE UNIT OWNERS, BE CREDITED TO THEIR
ASSESSMENTS FOR COMMON EXPENSES IN PROPORTION TO THEIR
PERCENTAGE INTERESTS IN COMMON PROFITS AND COMMON
EXPENSES, OR BE USED FOR ANY OTHER PURPOSE AS THE COUNCIL
OF UNIT OWNERS DECIDES.
(B) FUNDS FOR THE PAYMENT OF CURRENT COMMON
EXPENSES AND FOR THE CREATION OF RESERVES FOR THE PAYMENT
OF FUTURE COMMON EXPENSES SHALL BE OBTAINED BY
ASSESSMENTS AGAINST THE UNIT OWNERS IN PROPORTION TO
THEIR PERCENTAGE INTERESTS IN COMMON EXPENSES AND COMMON
PROFITS.
(C) A UNIT OWNER SHALL BE LIABLE FOR ALL
ASSESSMENTS, OR INSTALLMENTS THEREOF, COMING DUE WHILE HE
IS THE OWNER OF A UNIT, IN A VOLUNTARY GRANT THE GRANTEE
SHALL BE JOINTLY AND SEVERALLY LIABLE WITH THE GRANTOR
FOR ALL UNPAID ASSESSMENTS AGAINST THE GRANTOR FOR HIS
SHARE OF THE COMMON EXPENSES UP TO THE TIME OF THE
VOLUNTARY GRANT FOR WHICH A STATEMENT OF CONDOMINIUM LIEN
IS RECORDED, WITHOUT PREJUDICE TO THE RIGHTS OF THE
GRANTEE TO RECOVER FROM THE GRANTOR THE AMOUNTS PAID BY
THE GRANTEE FOR SUCH ASSESSMENTS. LIABILITY FOR
ASSESSMENTS MAY NOT BE AVOIDED BY WAIVER OF THE USE OR
ENJOYMENT OF ANY COMMON ELEMENT OR BY ABANDONMENT OF THE
UNIT FOR WHICH THE ASSESSMENTS ARE MADE.
(D) ALL ASSESSMENTS, UNTIL PAID, TOGETHER WITH
INTEREST ON THEM AND ACTUAL COSTS OF COLLECTION,
CONSTITUTE A LIEN ON THE UNITS ON WHICH THEY ARE
ASSESSED, IF A STATEMENT OF LIEN IS RECORDED WITHIN TWO
YEARS AFTER THE DATE THE ASSESSMENT BECOMES DUE. THE
LIEN SHALL BE EFFECTIVE AGAINST A UNIT FROM AND AFTER THE
TIME ft STATEMENT OF CONDOMINIUM LIEN IS RECORDED AMONG
THE LAND RECORDS OF THE COUNTY WHERE THE UNIT IS LOCATED,
STATING THE DESCRIPTION OF THE UNIT, THE NAME OF THE
RECORD OWNER, THE AMOUNT DUE AND THE PERIOD FOR WHICH THE
ASSESSMENT WAS DUE. THE CLERK SHALL INDEX THE STATEMENT
OF CONDOMINIUM LIEN UNDER THE NAME OF THE RECORD OWNER IN
THE GRANTOR INDEX AND IN THE BLOCK INDEX IF ONE IS
MAINTAINED BY THE CLERK. THE STATEMENT OF CONDOMINIUM
LIEN SHALL BE SIGNED AND VERIFIED BY AN OFFICER OR AGENT
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