1470

LAWS OF MARYLAND

Ch. 246

TO THE ACQUISITION OF A LIMITED COMMON ELEMENT SHALL BE
DIVIDED EQUALLY AMONG THE OWNERS OF THE UNITS TO WHICH THAT

LIMITED COMMON ELEMENT WAS ALLOCATED AT THE TIME OF

ACQUISITION, OR IN ANY MANNER THE DECLARATION PROVIDES.

(D) THE COURT DECREE SHALL BE RECORDED IN EVERY COUNTY
IN WHICH ANY PORTION OF THE CONDOMINIUM IS LOCATED.

[11-113.] 11-116.

(a)  The council of unit owners shall keep books and
records in accordance with good accounting practices on a
consistent basis.

(b)  On the request of the unit owners of at least 5
percent of the units, an audit by an independent certified
public accountant shall be made not more than once in any
consecutive 12 month period. The cost of the audit shall be
a common expense.

(c)  Every record kept by the council, of unit owners
shall be MAINTAINED IN MARYLAND OR WITHIN 50 MILES OF ITS
BORDERS AND SHALL BE available AT SOME PLACE DESIGNATED BY
THE BOARD WITHIN THE COUNTY OR BALTIMORE CITY WHERE THE
CONDOMINIUM IS LOCATED for examination and copying by any
unit owner, his mortgagee, and their respective duly
authorized agents or attorneys, during normal business
hours, and after reasonable notice.

[11-114.] 11-117.

(a) Each condominium unit and its appurtenant undivided
interest in the common elements shall be assessed at full
cash value on the date of finality as provided in Article
81, § 14 of the Code. Each unit shall be carried on the tax
records of the county where it is located as a separate and
distinct entity[; and all]. ALL real estate taxes,
including general and special assessments and other charges
coming due after the establishment of the condominium
regime, shall be assessed, levied, and collected against
each unit in the same manner and to the same extent as
assessments are levied and collected in the case of
individual land parcels.

(b)   [No] A forfeiture or sale for delinquent real
estate taxes including general and special assessments and
other charges may NOT be made other than against the
individual unit on which the taxes are delinquent [and no].
A forfeiture or sale of any unit for delinquent real estate
taxes, general and special assessments, or charges [shall]
MAY NOT ever divest or in any manner affect the title to any
other unit so long as the real estate taxes and duly levied
share of special assessments and other charges on the
individual unit are currently paid.

[11-115.] 11-118.