HARRY HUGHES, Governor

3343

BY repealing and reenacting, without amendments,

Article 56 - Licenses

Section 212(a), (a-1), (b), (c), and (d-1)

Annotated Code of Maryland

(1983 Replacement Volume and 1984 Supplement)

BY repealing and reenacting, with amendments,

Article 56 - Licenses

Section 212(d), (d-2), and (d-3)

Annotated Code of Maryland

(1983 Replacement Volume and 1984 Supplement)

BY adding to

Article 56 - Licenses

Section 212(d-3)

Annotated Code of Maryland

(1983 Replacement Volume and 1984 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

11A-101.

(a)  In this title the following terms have the meanings
indicated, unless the context requires a different meaning.

(b)  "Association" means a nonstock corporation consisting
only of time-share estate owners formed according to Title 5,
Subtitle 2 of the Corporations and Associations Article.

(c)  "Commission" means the Maryland Real Estate Commission.

(d)  "Common elements" means all of a time-share project
except for the time-share units located in the project.

(e)  "Common expenses" means the costs of management and
operation of the time-share project, maintenance of, and
improvements to the common elements, maintenance of the units,
and repair and replacement of personalty located in the project
owned by the association.

(f)  "Conversion building" means a building that at any time
before the disposition of any time-share was occupied by any
person for residential purposes.