3372
LAWS OF MARYLAND
[Ch. 786
amount of $.......... as of .........., 19..., for
(his) (their) proportionate share of common expenses of
the condominium for the period from (date) to (date) ,
plus interest thereon at the rate of..........%, A LATE
CHARGE OF $__________, costs of collection, and reasonable
attorney's fees.
Council of [unit owners] UNIT OWNERS
By: ......................
Officer's title (or agent)
Address
Phone number
I hereby affirm under penalties of perjury that the
information contained in the foregoing statement of
condominium lien is true and correct to the best of my
knowledge, information and belief.
Officer (or agent)
11-111.
(a) The declaration or bylaws may provide for the
repair or reconstruction of a condominium in the event of
damage to all or part of the condominium, for insurance
coverage on the condominium by the council of unit owners
and by the individual unit owners, and for the allocation
of available insurance proceeds to repair or
[reconstruction] RECONSTRUCT.
(b) (1) Unless otherwise provided in the declaration
or bylaws, in the event of damage to or destruction of a
condominium, the council of unit owners promptly shall
undertake to repair or reconstruct it, and all cost of
the repair or reconstruction in excess of available
insurance proceeds shall be a common expense.
(2) [However, if] IF the condominium is damaged to
the extent of two—thirds of its then replacement cost,
the condominium shall be subject to an action for
partition at the suit of any unit owner as if owned in
common. [In this case] IF THE CONDOMINIUM IS
PARTITIONED, the net proceeds of sale together with any
net proceeds of insurance shall be considered as one fund
and shall be divided among all unit owners in proportion
to their percentage interests in the common elements, and
shall be distributed in accordance with the priority of
interests in each unit. AN ACTION FOR PARTITION
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