2790

LAWS OF MARYLAND

Ch. 525

(iii) The amount 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 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 existence of any pending suits to which
the council of unit owners is a party;

(12)   In the case of a condominium containing
buildings substantially completed more than 5 years prior to the
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 costs of repairs for which a present need is disclosed
in the statement AND A STATEMENT OF REPAIRS WHICH THE VENDOR
INTENDS TO MAKE. The vendor is entitled to rely on the reports
of architects or engineers authorized to practice their
profession in this State; [and]

(13)  A description of any provision in the
declaration or bylaws limiting OR PROVIDING FOR the duration of
developer control or requiring the phasing-in of unit owner
participation, or a statement that there is no such provision;
[and]

(14)   IF THE CONDOMINIUM IS ONE WHICH WILL BE CREATED
BY THE CONVERSION OF A RENTAL FACILITY, A COPY OF THE NOTICE AND
MATERIALS REQUIRED BY §§ 11-102.1 AND 11-137 OF THIS TITLE; AND

[(14)] (15) Any other information required by
regulation duly adopted and issued by the Secretary of State.