5479
MONTGOMERY COUNTY

Approved June 1, 1974

Chapter 58

Bill No. 2-74

AN ACT to add a new Chapter 11A, title
"Condominiums", to the Montgomery County Code 1972, as
amended, to follow immediately after Chapter 11 thereof,
to provide for the preparation of a property report and
the filing of such report with the Office of Consumer
Affairs prior to the offering for sale or notice to
tenants of the conversion of condominium units in a
condominium project; to specify the nature and extent of
the information required to be contained in the property
report; to provide for the furnishing of a property
report to a prospective purchaser of a condominium unit
and to allow the purchaser to rescind the purchase
contract within fifteen (15) days after execution; to
require 120 day notice to existing tenants to be given in
the case of a conversion of rental property to
condominimum status; to permit tenants to terminate
without penalty or termination payment existing leases
upon notification of a conversion of their rental units
to condominium status; to prohibit unlawful
representations in connection with condominium property
reports; to provide for the administration of this
Chapter by the Office of Consumer Affairs; to provide for
the application of this Chapter throughout areas of the
County under jurisdiction of the County government and in
incorporated municipalities who elect to bring themselves
under provision of this Chapter; to specify that
violations of the provisions of this Chapter may be
subject to civil penalties not to exceed $500.00 and
costs and criminal penalties not to exceed $1000.00; to
provide for civil enforcement proceedings; to provide for
definitions of terms used throughout this Chapter and to
state legislative findings by the Montgomery County
Council.

BE IT ENACTED BY THE COUNTY COUNCIL FOR MONTGOMERY
COUNTY, MARYLAND, that

Sec. 1. There is hereby added to the Montgomery
County Code 1972, as amended, a new Chapter 11A, title
"Condominiums", to follow immediately after Chapter 11
thereof and to read as follows:

11A-1. LEGISLATIVE FINDINGS.