3018

LAWS OF MARYLAND

Ch. 583

(IV)(I) WITHIN 15 DAYS AFTER THE VOTE BY THE
BOARD TO GRANT AN EASEMENT, RIGHT-OF-WAY, LICENSE, LEASE, OR
SIMILAR INTEREST, A PETITION MAY BE FILED WITH THE BOARD OF
DIRECTORS SIGNED BY THE UNIT OWNERS HAVING AT LEAST 15 PERCENT OF
THE VOTES CALLING FOR A SPECIAL MEETING OF UNIT OWNERS TO VOTE ON
THE QUESTION OF A DISAPPROVAL OF THE ACTION OF THE BOARD OF
DIRECTORS GRANTING SUCH EASEMENT, RIGHT-OF-WAY, LICENSE, LEASE,
OR SIMILAR INTEREST. IF NO SUCH PETITION IS RECEIVED WITHIN 15
DAYS, THE DECISION OF THE BOARD SHALL BE FINAL;

(V) (II) IF A QUALIFYING PETITION IS FILED AS
SET FORTH IN SUBPARAGRAPH (IV) OF PARAGRAPH (2), A SPECIAL
MEETING SHALL BE HELD NO LESS THAN 15 DAYS OR MORE THAN 30 DAYS
FROM RECEIPT OF THE PETITION. AT THE SPECIAL MEETING, IF A
QUORUM IS NOT PRESENT, THE DECISION OF THE BOARD OF DIRECTORS
SHALL BE FINAL;

(VI) IF AT THE SPECIAL MEETING THE DECISION OF
THE BOARD TO GRANT THE INTEREST IS DISAPPROVED BY VOTE OF THE
UNIT OWNERS HAVING MORE THAN 50 PERCENT OF THE VOTES THEN THE
BOARD DECISION SHALL BE VOID. IF THE VOTE IS NOT MORE THAN 50
PERCENT, THE DECISION OF THE BOARD OF DIRECTORS TO GRANT THE
EASEMENT, RIGHT-OF-WAY, LICENSE, LEASE, OR SIMILAR INTEREST SHALL
BE FINAL;

(III) 1. IF A SPECIAL MEETING IS HELD AND 50
PERCENT OF THE UNIT OWNERS PRESENT AND VOTING DISAPPROVE THE
GRANT, AND THE UNIT OWNERS VOTING TO DISAPPROVE THE GRANT ARE
MORE THAN 33 PERCENT OF THE TOTAL VOTES IN THE CONDOMINIUM, THEN
THE GRANT SHALL BE VOID;

2. IF THE VOTE OF THE UNIT OWNERS IS NOT
MORE THAN 33 PERCENT OF THE TOTAL VOTES IN THE CONDOMINIUM, THE
DECISION OF THE BOARD OR COUNCIL TO MAKE THE GRANT SHALL BE
FINAL;

(VII) (IV) MORTGAGEES SHALL RECEIVE NOTICE OF
AND BE ENTITLED TO ATTEND AND SPEAK AT SUCH SPECIAL MEETING; AND

(VIII) (V) ANY EASEMENT, RIGHT-OF-WAY, LICENSE,
LEASE, OR SIMILAR INTEREST GRANTED BY THE BOARD OF DIRECTORS
UNDER THE PROVISIONS OF THIS SUBSECTION SHALL STATE THAT THE
GRANT WAS APPROVED IN ACCORDANCE WITH THE PROVISIONS OF THIS
SUBSECTION.

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

Approved May 29, 1984.