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Session Laws, 1976
Volume 734, Page 930   View pdf image
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930

LAWS OF MARYLAND

Ch. 348

11-110.

(d) Any assessment, until paid, together with
interest, late charges, if any, and actual costs of
collection, and reasonable attorney's fees, constitutes a
lien on the unit on which it is assessed, if a statement
of lien is recorded within two years after the date the
assessment becomes due. THE RECORDATION OF A GRANT OF A
UNIT FOR VALUE EXTINGUISHES THE RIGHT OF THE COUNCIL OF
UNIT OWNERS THEREAFTER TO FILE A STATEMENT OF CONDOMINIUM
LIEN FOR ASSESSMENTS, OR INSTALLMENTS THEREOF, DUE PRIOR
TO THE RECORDATION OF THE GRANT. The lien shall be
effective against a unit from and after the time a
statement of condominium lien is recorded among the land
records of the county where the unit is located, stating
the description of the unit, the name of the record
owner, the amount due and the period for which the
assessment was due. The clerk shall index the statement
of condominium lien under the name of the record owner in
the grantor index and in the block index if one is
maintained by the clerk. The statement of condominium
lien shall be signed and verified by an officer or agent
of the council of unit owners as specified in the bylaws
and then may be recorded. On full payment of the
assessment and other permitted amounts for which the lien
is claimed the unit owner shall be entitled to a
recordable satisfaction of the lien in any form used for
the release of mortgages in the county in which the
condominium is located.

Section 11—110 Comment:

The amendment to subsection (d) makes clear the
original intent of this section that the purchaser of a
unit takes title free of any assessments for which a
statement of condominium lien has not been filed.

11-111.

(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.

(C) [(2)] 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. 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 permitted by this subsection may
not be brought after the expiration of one year from the

 

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Session Laws, 1976
Volume 734, Page 930   View pdf image
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