4620                                  LAWS OF MARYLAND                                Ch. 836

(1)  [a] A copy of the declaration (other than
the plats)[,];

(2)  [the] THE bylaws[,];

(3)  [the] THE rules or regulations of the
condominium[, and];

(4)  [a] A certificate containing:

[(1)] (I) A statement disclosing the effect on
the proposed conveyance of any right of first refusal or
other restraint on the free alienability of the unit OTHER
THAN ANY RESTRAINT CREATED BY THE UNIT OWNER;

[(2)] (II) A statement setting forth the amount
of the monthly common expense assessment and any unpaid
common expense or special assessment currently due and
payable from the selling unit owner;

[(3)] (III) A statement of any other fees
payable by THE unit owners TO THE COUNCIL OF UNIT OWNERS;

[(4)] (IV) A statement of any capital
expenditures [proposed] APPROVED by the council of unit
owners planned at the time of the conveyance WHICH ARE NOT
REFLECTED IN THE CURRENT OPERATING BUDGET DISCLOSED UNDER
SUBPARAGRAPH (VI) OF THIS PARAGRAPH;

[(5) A statement of the amount of any    reserves

for capital expenditures and of any portions    of those

reserves designated by the council of unit owners    for any
specified projects;]

[(6)] (V) The most recent regularly prepared
balance sheet and income and expense statement, if any, of
the condominium;

[(7)] (VI) The current operating budget of the
condominium INCLUDING DETAILS CONCERNING THE RESERVE FUND
FOR REPAIR AND REPLACEMENT AND ITS INTENDED USE, OR A
STATEMENT THAT THERE IS NO RESERVE FUND;

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

[(9)] (VIII) A statement GENERALLY describing
any insurance [coverage] POLICIES provided for the benefit
of unit owners, A NOTICE THAT COPIES OF THE POLICIES ARE
AVAILABLE FOR INSPECTION, STATING THE LOCATION AT WHICH THE
COPIES ARE AVAILABLE, AND A NOTICE THAT THE TERMS OF THE
POLICY PREVAIL OVER THE DESCRIPTION;