4614

LAWS OF MARYLAND

Ch. 836

(II)  [monthly] MONTHLY charges for the
use, rental, or lease of any facilities not part of the
condominium, and

(III)  [details concerning the] THE amount
[and method of calculation] of the reserve fund for repair
and replacement AND ITS INTENDED USE, or a statement that
there is no such reserve fund;

(6)  A copy of any lease to which it is
anticipated the unit owners or the council of unit owners
will be a party following closing;

(7)  A description of any contemplated expansion
of the condominium with a general description of each stage
of expansion and the maximum number of units that can be
added to the condominium;

(8)  A copy of the floor plan of the unit OR THE
PROPOSED CONDOMINIUM PLATS;

(9)  A description of any recreational or other
facilities which are to be used by the unit owners [and] OR
maintained by them or by the council of unit owners, and a
statement as to whether or not they are to be part of the
common elements;

(10)  A statement as to whether streets within
the condominium are to be dedicated to public use or
maintained by the council of unit owners;

(11)  A statement of any judgments against the
council of unit owners and the [status] EXISTENCE of any
pending suits to which the council of unit owners is a
party;

[(12) A description of the nature and ownership
of all property and facilities on the site which are not
part of the condominium;]

[(13)] (12) In the case of [condominiums] A
CONDOMINIUM containing buildings substantially completed
more than 5 years prior to the [recordation of the
declaration] FILING OF THE APPLICATION FOR REGISTRATION
UNDER § 11-127, a statement of the physical condition and
state of repair of the major structural, mechanical,
electrical, and plumbing components of the improvements, to
the extent reasonably ascertainable, and estimated [repair]
costs OF REPAIRS FOR WHICH A PRESENT NEED IS DISCLOSED IN
THE STATEMENT. The vendor is entitled to rely on the reports
of architects or engineers authorized to practice their
profession in this State; AND