HARRY HUGHES, Governor

4623

1.  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.  A STATEMENT OF 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.  A STATEMENT OF ANY OTHER FEES
PAYABLE BY THE UNIT OWNERS TO THE COUNCIL OF UNIT OWNERS;

4.  A STATEMENT OF ANY CAPITAL
EXPENDITURES APPROVED BY THE COUNCIL OF UNIT OWNERS OR ITS
AUTHORIZED DESIGNEE PLANNED AT THE TIME OF THE CONVEYANCE
WHICH ARE NOT REFLECTED IN THE CURRENT OPERATING BUDGET
INCLUDED IN THE CERTIFICATE;

5.  THE MOST RECENTLY PREPARED
BALANCE SHEET AND INCOME AND EXPENSE STATEMENT, IF ANY, OF
THE CONDOMINIUM;

6.  THE CURRENT OPERATING BUDGET OF
THE CONDOMINIUM, INCLUDING DETAILS CONCERNING THE AMOUNT OF
THE RESERVE FUND FOR REPAIR AND REPLACEMENT AND ITS INTENDED
USE, OR A STATEMENT THAT THERE IS NO RESERVE FUND;

7.  A STATEMENT OF ANY JUDGMENTS
AGAINST THE CONDOMINIUM AND THE EXISTENCE OF ANY PENDING
SUITS TO WHICH THE COUNCIL OF UNIT OWNERS IS A PARTY;

8.  A STATEMENT GENERALLY DESCRIBING
ANY INSURANCE POLICIES PROVIDED FOR THE BENEFIT OF THE UNIT
OWNERS, A NOTICE THAT THE POLICIES ARE AVAILABLE FOR
INSPECTION STATING THE LOCATION AT WHICH THEY ARE AVAILABLE,
AND A NOTICE THAT THE TERMS OF THE POLICY PREVAIL OVER THE
GENERAL DESCRIPTION;

9.  A STATEMENT AS TO WHETHER THE
COUNCIL OF UNIT OWNERS HAS KNOWLEDGE THAT ANY ALTERATION OR
IMPROVEMENT TO THE UNIT OR TO THE LIMITED COMMON ELEMENTS
ASSIGNED TO THE UNIT VIOLATES ANY PROVISION OF THE
DECLARATION, BYLAWS, OR RULES OR REGULATIONS;

10.  A STATEMENT AS TO WHETHER THE
COUNCIL OF UNIT OWNERS HAS KNOWLEDGE OF ANY VIOLATION OF THE
HEALTH OR BUILDING CODES WITH RESPECT TO THE UNIT, THE
LIMITED COMMON ELEMENTS ASSIGNED TO THE UNIT, OR ANY OTHER
PORTION OF THE CONDOMINIUM;

11.  A STATEMENT OF THE REMAINING
TERM OF ANY LEASEHOLD ESTATE AFFECTING THE CONDOMINIUM AND
THE PROVISIONS GOVERNING ANY EXTENSION OR RENEWAL OF IT; AND