4608

LAWS OF MARYLAND

Ch. 836

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.
[Fees, charges, late charges, fines, and interest
established pursuant to §§ ll-110(f) and 11-112] FEES AND
CHARGES IMPOSED UNDER § 11-109(D) AND FINES IMPOSED UNDER §
11-113 are enforceable as assessments under this section.

(e) (1) Any assessment, or installment thereof, not
paid when due shall bear interest, at the option of the
council of unit owners, from the date when due until paid at
the rate provided in the bylaws, not exceeding 18 percent
per annum, and if no rate is provided, then at 18 percent
per annum.

(2)  The bylaws also may provide for a late
charge of $15 or one tenth of the total amount of any
delinquent assessment or installment, whichever is greater,
provided the charge may not be imposed more than once for
the same delinquent payment and may only be imposed if the
delinquency has continued for at least 15 calendar days.

(3)  IF THE DECLARATION OR BYLAWS PROVIDE FOR AN
ANNUAL ASSESSMENT PAYABLE IN MONTHLY INSTALLMENTS, THE
DECLARATION OR BYLAWS MAY FURTHER PROVIDE THAT IF A UNIT
OWNER FAILS TO PAY A MONTHLY INSTALLMENT WHEN DUE, THE
COUNCIL OF UNIT OWNERS MAY DEMAND PAYMENT OF THE REMAINING
ANNUAL ASSESSMENT COMING DUE WITHIN THAT FISCAL YEAR. A
DEMAND BY THE COUNCIL IS NOT ENFORCEABLE UNLESS THE COUNCIL,
WITHIN 15 DAYS OF A UNIT OWNER'S FAILURE TO PAY A MONTHLY
INSTALLMENT, NOTIFIES THE UNIT OWNER THAT IF THE UNIT OWNER
FAILS TO PAY THE MONTHLY INSTALLMENT WITHIN 15 DAYS OF THE
NOTICE, FULL PAYMENT OF THE REMAINING ANNUAL ASSESSMENT WILL
THEN BE DUE AND SHALL CONSTITUTE A LIEN ON THE UNIT AS
PROVIDED IN THIS SECTION.

11-111.

(b) Rules and regulations may be adopted freely by the
Board of Directors[, and without the requirement of a 75
percent or greater vote of the council of unit owners as a
requisite to their adoption]. All rules and regulations
shall be adopted as supplements to, and not in lieu of,
legally required provisions of the bylaws. Should any
adopted rules or regulations contradict any provisions of
the bylaws, as amended, the provisions of the bylaws shall
take precedence.

11-113.

(b) The board may not impose a  fine, suspend voting,

or infringe upon any other rights of a   [member] UNIT OWNER

or other occupant for violations    of rules until the
following procedure is followed: