5481
MONTGOMERY COUNTY

"LIMITED COMMON ELEMENTS" MEANS THOSE COMMON ELEMENTS
IDENTIFIED IN THE DECLARATION OR ON THE CONDOMINIUM PLAT
AS RESERVED FOR THE EXCLUSIVE USE OF ONE OR MORE BUT LESS
THAN ALL OF THE CONDOMINIUM UNIT OWNERS.

B. GENERAL COMMON ELEMENTS: THE PHRASE
"GENERAL COMMON ELEMENTS" MEANS ALL OF THE COMMON
ELEMENTS EXCEPT THE LIMITED COMMON ELEMENTS.

(5)    CONDOMINIUM: THE WORD "CONDOMINIUM" MEANS
PROPERTY SUBJECT TO THE CONDOMINIUM REGIME ESTABLISHED
PURSUANT TO THE HORIZONTAL PROPERTY ACT OF THE STATE OF
MARYLAND.

(6)    CONDOMINIUM PROJECT: THE PHRASE "CONDOMINIUM
PROJECT" MEANS A PLAN BY A DEVELOPER TO SELL RESIDENTIAL
CONDOMINIUM UNITS IN A BUILDING OR BUILDINGS EITHER
THROUGH CONVERSION TO CONDOMINIUM STATUS OR CONSTRUCTION
OF NEW BUILDINGS WITH CONDOMINIUM OWNERSHIP.

(7)    CONDOMINIUM UNIT: THE WORD "CONDOMINIUM UNIT"
MEANS A THREE DIMENSIONAL AREA IDENTIFIED AS SUCH IN THE
DECLARATION AND ON THE CONDOMINIUM PLAT AND SHALL INCLUDE
ALL IMPROVEMENTS CONTAINED WITHIN THE AREA EXCEPT THOSE
EXCLUDED IN THE DECLARATION. A CONDOMINIUM UNIT MAY
INCLUDE TWO OR MORE NON-CONTIGUOUS CONDOMINIUM UNITS.

(8)    CONVERSION: THE WORD "CONVERSION" MEANS THE
OFFERING FOR SALE BY A DEVELOPER OR THE DEVELOPER'S AGENT
OF CONDOMINIUM UNITS THAT WERE PREVIOUSLY RENTAL UNITS.

(9)    DEVELOPER: THE WORD "DEVELOPER" MEANS ANY
PERSON, FIRM, PARTNERSHIP, ASSOCIATION, JOINT VENTURE OR
CORPORATION OR ANY OTHER ENTITY OR COMBINATION OF
ENTITIES OR ANY SUCCESSORS THERETO WHO AT ANY TIME AFTER
THE EFFECTIVE DATE OF THIS CHAPTER UNDERTAKES TO DEVELOP
A CONDOMINIUM PROJECT EITHER BY CONVERSION TO CONDOMINIUM
STATUS OR CONSTRUCTION OF NEW BUILDINGS.

(10)   OFFERING: THE WORD "OFFERING" MEANS ANY
INDUCEMENT, SOLICITATION, ADVERTISEMENT, PUBLICATION OR
ANNOUNCEMENT TO THE GENERAL PUBLIC TO ENCOURAGE A PERSON
TO ACQUIRE A CONDOMINIUM UNIT IN A CONDOMINIUM.

(11)   PROSPECTIVE PURCHASER: THE PHRASE
"PROSPECTIVE PURCHASER" MEANS A PERSON WHO VISITS THE
CONDOMINIUM PROJECT SITE FOR THE PURPOSE OF INSPECTION
FOR POSSIBLE PURCHASE OR WHO REQUESTS THE PROPERTY
REPORT.

(12)   SITE: THE WORD "SITE" MEANS ANY LAND AREA ON
WHICH A PART OF THE CONDOMINIUM IS LOCATED.

11A-3. PROPERTY REPORT; REQUIRED; CONTENTS.