4612

LAWS OF MARYLAND

Ch. 836

directors. THE INITIAL REGISTRATION FEE TO BE PAID TO THE
DEPARTMENT IS $10.

(2) An updated list, including the name and
address of the resident agent and managing agent, if any,
shall be provided to the Department on the following April
15 and each April 15 thereafter. THE FEE FOR FILING THE
UPDATED LIST, TO BE PAID TO THE DEPARTMENT, IS $10.

11-121.

[The provisions of § 10-301 of this article apply to
the taking of any] ANY deposits TAKEN in connection with the
sale BY A DEVELOPER of units in a condominium intended for
residential use SHALL BE DEPOSITED OR HELD IN AN ESCROW
ACCOUNT AS PROVIDED IN § 10-301 OF THIS ARTICLE, UNLESS A
CORPORATE SURETY BOND IS OBTAINED AND MAINTAINED AS PROVIDED
IN § 10-301 OF THIS ARTICLE.

11-123.

(a) Except in the case of a taking of all the units by
eminent domain [(§ 11-115)] (§ 11-112), a condominium may be
terminated only by agreement of unit owners of units to
which at least 80 percent of the votes in the council of
unit owners are allocated, or any larger percentage the
declaration specifies. The declaration may specify a
smaller percentage only if all of the units in the
condominium are restricted exclusively to nonresidential
uses.

11-125.

(e) The council of unit owners OR ITS AUTHORIZED
DESIGNEE [its agents and employees, and other unit owners]
shall have an irrevocable right and an easement to enter
units to make repairs [to common elements] when the repairs
reasonably appear necessary for public safety or to prevent
damage to other portions of the condominium. Except in cases
involving manifest danger to public safety or property, the
council of unit owners shall make a reasonable effort to
give notice to the owner of any unit to be entered for the
purpose of [such maintenance and] repair. If damage is
inflicted on the common elements or any unit through which
access is taken, [the unit owner responsible for the damage,
or] the council of unit owners [if it is responsible,] is
liable for the prompt repair. An entry by the council of
unit owners for the purposes specified in this subsection
may not be considered a trespass.

(F) THE DECLARATION OR BYLAWS MAY GIVE THE COUNCIL OF
UNIT OWNERS AUTHORITY TO GRANT SPECIFIC EASEMENTS,
RIGHT-OF-WAY, LICENSES, AND SIMILAR INTERESTS AFFECTING THE
COMMON ELEMENTS OF THE CONDOMINIUM IF THE GRANT IS APPROVED
BY THE AFFIRMATIVE VOTE OF UNIT OWNERS HAVING 66 2/3 PERCENT