2176 LAWS OF MARYLAND [Ch. 641
THE VENDOR [[MOST]] SHALL FURNISH TO THE PURCHASER THE
FOLLOWING:
(1) A COPY OF THE PROPOSED DECLARATION AND
BY-LAWS;
(2) A COPY OF THE PROPOSED ARTICLES OF
INCORPORATION OF THE COUNCIL OF UNIT OWNERS, IF IT IS TO
BE INCORPORATED;
(3) A COPY OF ANY PROPOSED MANAGEMENT
CONTRACT, EMPLOYMENT CONTRACT, OR OTHER CONTRACT
AFFECTING THE USE, MAINTENANCE, OR ACCESS OF ALL OR PART
OF THE CONDOMINIUM TO WHICH IT IS ANTICIPATED THE UNIT
OWNERS OR THE COUNCIL OF UNIT OWNERS WILL BE A PARTY
FOLLOWING CLOSING;
(4) A COPY OF THE PROJECTED ANNUAL OPERATING
BUDGET FOR THE CONDOMINIUM INCLUDING REASONABLE DETAILS
CONCERNING THE ESTIMATED MONTHLY PAYMENTS BY THE
PURCHASER FOR ASSESSMENTS, AND MONTHLY CHARGES FOR THE
USE, RENTAL, OR LEASE OF ANY FACILITIES NOT PART OF THE
CONDOMINIUM;
(5) A COPY OF ANY LEASE TO WHICH IT IS
ANTICIPATED THE UNIT OWNERS OR THE COUNCIL OF UNIT OWNERS
WILL BE A PARTY FOLLOWING CLOSING[[.]] ;
(6) A DESCRIPTION OF ANY CONTEMPLATED
EXPANSION OF THE CONDOMINIUM WITH A GENERAL DESCRIPTION
OF EACH STAGE OF EXPANSION AND THE MAXIMUM NUMBER OF
UNITS THAT CAN BE ADDED TO THE CONDOMINIUM[. ]]; AND
(7) A COPY OF THE FLOOR PLAN OF THE UNIT
TOGETHER WITH THE INFORMATION THAT IS NECESSARY TO SHOW
THE LOCATION OF THE COMMON ELEMENTS AND OTHER FACILITIES
TO BE USED BY THE UNIT OWNERS AND INDICATING WHICH
FACILITIES WILL BE PART OF THE CONDOMINIUM AND WHICH
FACILITIES WILL BE OWNED BY OTHERS,
(B) ANY MATERIAL FURNISHED PURSUANT TO SUBSECTION
(A) MAY NOT BE CHANGED OR AMENDED FOLLOWING DELIVERY TO
THE PURCHASER, IF THE CHANGE OR AMENDMENT WOULD AFFECT
MATERIALLY THE RIGHTS OF THE PURCHASER, WITHOUT FIRST
OBTAINING APPROVAL OF THE PURCHASER. A COPY OF ANY
AMENDMENTS SHALL BE DELIVERED PROMPTLY TO THE PURCHASER.
(C) ANY PURCHASER MAY AT ANY TIME (1) WITHIN 15
DAYS FOLLOWING RECEIPT OF ALL OF THE INFORMATION REQUIRED
PURSUANT TO SUBSECTION (A) AND (2) WITHIN FIVE DAYS
FOLLOWING RECEIPT OF THE INFORMATION REQUIRED PURSUANT TO
SUBSECTION (B) , RESCIND IN WRITING THE CONTRACT OF SALE
WITHOUT STATING ANY REASON AND WITHOUT ANY LIABILITY ON
HIS PART, AND HE SHALL BE ENTITLED TO THE RETURN OF ANY
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