4622

LAWS OF MARYLAND

Ch. 836

[(b)] (C) The council of unit owners, within 20 days
after a written request by a unit owner and receipt of [the]
A REASONABLE fee [therefore] THEREFOR, if any, shall furnish
a certificate containing the information necessary to enable
the unit owner to comply with subsection (a). A unit owner
providing a certificate [pursuant to] UNDER subsection (a)
is not liable to the purchaser for any erroneous information
provided by the [association] COUNCIL OF UNIT OWNERS and
included in the certificate.

[(c)] (D) A purchaser is not liable for any unpaid
assessment or fee greater than the amount set forth in the
certificate prepared by the council of unit owners. A unit
owner is not liable to a purchaser for the failure or delay
of the council of unit owners to provide the certificate in
a timely manner[, but the purchase contract is voidable by
the purchaser until the certificate has been provided and
for 5 days thereafter or until conveyance, whichever first
occurs].

(E)  THE RIGHTS OF A PURCHASER UNDER THIS SECTION MAY
NOT BE WAIVED IN THE CONTRACT OF SALE, AND ANY ATTEMPTED
WAIVER IS VOID. HOWEVER, IF A PURCHASER PROCEEDS TO
CLOSING, HIS RIGHT TO RESCIND THE CONTRACT UNDER SUBSECTION
(F) IS TERMINATED.

(F)  ANY PURCHASER MAY AT ANY TIME WITHIN 10 7 DAYS
FOLLOWING RECEIPT OF ALL OF THE INFORMATION REQUIRED UNDER
SUBSECTION (A) OR (B), WHICHEVER IS APPLICABLE, RESCIND IN
WRITING THE CONTRACT OF SALE WITHOUT STATING ANY REASON AND
WITHOUT ANY LIABILITY ON HIS PART. THE PURCHASER, UPON
RECISION, IS ENTITLED TO THE RETURN OF ANY DEPOSITS MADE ON
ACCOUNT OF THE CONTRACT.

(G)  (1) A NOTICE GIVEN AS REQUIRED BY SUBSECTION (A)
SHALL BE SUFFICIENT FOR THE PURPOSES OF THIS SECTION IF IT
IS IN SUBSTANTIALLY THE FOLLOWING FORM:

"NOTICE

THE SELLER IS REQUIRED BY LAW TO FURNISH TO YOU NOT
LATER THAN 15 DAYS PRIOR TO CLOSING CERTAIN INFORMATION
CONCERNING THE CONDOMINIUM WHICH IS DESCRIBED IN § 11-135 OF
THE MARYLAND CONDOMINIUM ACT. THIS INFORMATION MUST INCLUDE
AT LEAST THE FOLLOWING:

(I)  A COPY OF THE DECLARATION (OTHER THAN
THE PLATS);

(II)  A COPY OF THE BYLAWS;

(III)  A COPY OF THE RULES AND REGULATIONS
OF THE CONDOMINIUM;

(IV)  A CERTIFICATE CONTAINING: