5486

COUNTY LOCAL LAWS

PROFESSIONAL STATING THE CONDITION AND THE USEFUL LIFE OF
ALL APPLIANCES, THE ROOF, FOUNDATION, EXTERNAL AND
SUPPORTING WALLS, MECHANICAL, ELECTRICAL, PLUMBING AND
STRUCTURAL ELEMENTS AND ALL OTHER COMMON FACILITIES
TOGETHER WITH AN ESTIMATE OF REPAIR AND REPLACEMENT COSTS
AND A LIST OF ANY OUTSTANDING BUILDING CODE VIOLATIONS.

H. A STATEMENT OF ALL WARRANTIES AND DISCLAIMERS
BEING MADE TO THE PURCHASER.

I. A SENIOR EXECUTIVE OFFICER OF THE DEVELOPER
SHALL SIGN THE PROPERTY REPORT AND AFFIRM THAT IT AND ANY
SUPPLEMENTS, MODIFICATIONS AND AMENDMENTS ARE TRUE, FULL,
COMPLETE AND CORRECT.

J. EACH PROPERTY REPORT SHALL CONTAIN ON THE
FIRST PAGE THE FOLLOWING WARNING IN CAPITAL LETTERS:

"MONTGOMERY COUNTY LAW SPECIFICALLY PROHIBITS
ANY REPRESENTATION TO THE EFFECT THAT THE
COUNTY HAS PASSED UPON THE MERITS OF, OR GIVEN
APPROVAL TO THIS CONDOMINIUM. IT IS UNLAWFUL
FOR ANYONE TO MAKE, OR CAUSE TO BE MADE TO ANY
PROSPECTIVE PURCHASER, ANY REPRESENTATION
CONTRARY TO THE FOREGOING, OR ANY
REPRESENTATIONS WHICH DIFFER FROM THE
STATEMENTS IN THIS PROPERTY REPORT."

11A-4. PROPERTY REPORT; SUBMISSION TO PROSPECTIVE
PURCHASES; FILING.

A. A DEVELOPER OR AGENT SHALL NOT ENTER INTO A
BINDING CONTRACT OR AGREEMENT FOR THE SALE OF ANY
CONDOMINIUM UNIT UNLESS:

(1)    A COPY OF THE PROPERTY REPORT IS FILED
WITH THE MONTGOMERY COUNTY OFFICE OF CONSUMER AFFAIRS AT
LEAST TEN (10) DAYS PRIOR TO THE FIRST OFFERING OR AT
LEAST TEN (10) DAYS PRIOR TO THE NOTICE OF CONVERSION TO
TENANTS.

(I)    THE OFFICE OF CONSUMER AFFAIRS
SHALL REVIEW THE PROPERTY REPORT FOR COMPLIANCE WITH
SECTION 11A-3.

(II)   ANY AMENDMENTS, MODIFICATIONS OR
SUPPLEMENTS MUST BE FILED IMMEDIATELY WITH THE OFFICE OF
CONSUMER AFFAIRS AND ATTACHED TO ANY PROPERTY REPORTS
DISTRIBUTED AFTER THE DATE OF FILING.

(2)    A COPY OF THE PROPERTY REPORT AND ANY
AMENDMENTS, MODIFICATIONS AND SUPPLEMENTS THERETO HAVE
BEEN GIVEN TO THE PROSPECTIVE PURCHASER.