HARRY HUGHES, Governor

1459

(1)  A unit owner's right to possess, use, or
enjoy property of the council of unit owners shall be as
provided in the bylaws; and

(2)  A unit owner's interest in the property is
not assignable or attachable separate from his unit except
as provided in §§ ll-107(d) and [ll-112(g)] 11-115.

11-110.

(a)   All common profits shall be disbursed to the unit
owners, be credited to their assessments for common expenses
in proportion to their percentage interests in common
profits and common expenses, or be used for any other
purpose as the council of unit owners decides.

(b)  Funds for the payment of current common expenses
and for the creation of reserves for the payment of future
common expenses shall be obtained by assessments against the
unit owners in proportion to their percentage interests in
common expenses and common profits.

(c)   A unit owner shall be liable for all assessments,
or installments thereof, coming due while he is the owner of
a unit. In a voluntary grant the grantee shall be jointly
and severally liable with the grantor for all unpaid
assessments against the grantor for his share of the common
expenses up to the time of the voluntary grant for which a
statement of condominium lien is recorded, without prejudice
to the rights of the grantee to recover from the grantor the
amounts paid by the grantee for such assessments. Liability
for assessments may not be avoided by waiver of the use or
enjoyment of any common element or by abandonment of the
unit for which the assessments are made.

(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] 2 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