3002

LAWS OF MARYLAND

Ch. 579

(k) A time-share developer who fails to obtain and maintain
a corporate surety bond as required under this section or
otherwise fails to comply with the provisions of § 224D or this
section is guilty of a misdemeanor and, on conviction, shall be
sentenced to pay a fine of not more than $5,000, or to undergo
imprisonment for a term of not more than 6 months, or both, for
each violation. Any partner or any officer, director, or
employee of a corporation who knowingly participates in any act
or omission which is part of the violation is subject to the
penalties of this subsection.]

[224D.

A licensed real estate broker or real estate salesman, or a
time-share developer registered with the Commission, may not:

(1)  Misrepresent the size, nature, extent, qualities,
or characteristics of the offered time-share estate or related
facilities or services; or

(2)  Misrepresent the conditions under which a
purchaser may exchange the right to use time-share facilities in
one location for the right to use time-share facilities in
another location.]

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1984 January 1, 1985.

Approved May 29, 1984.

CHAPTER 580

(Senate Bill 948)

AN ACT concerning

Condominiums - Declaration and Plat Amendments

FOR the purpose of altering the manner in which certain
amendments to a condominium regime declaration or to a
condominium plat may be made; providing certain limitations
on the type and extent of amendments which may be made to a
condominium regime declaration or to a condominium plat
under the provisions of this Act; making a stylistic change;
and generally relating to amendments to condominium
declarations and plats.

BY repealing and reenacting, with amendments,

Article - Real Property

Section 11-103(c)(1), ll-104(e), and ll-105(d) and (e)(1)