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Session Laws, 1986
Volume 768, Page 134   View pdf image
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134                                                LAWS OF MARYLAND                                      Ch. 5

(i) The estimated monthly payments by the
purchaser for assessments[,];

(ii) Monthly charges for the use, rental, or
lease of any facilities not part of the condominium[,];

DRAFTER'S NOTE: This corrects erroneous punctuation in §
11-126(b)(5)(i) and (ii) of the Real Property Article.

The erroneous punctuation, commas substituted for
semicolons, was contained in Ch. 836 of the Acts of
1982.

The erroneous punctuation was noted by the Michie
Company.

11-142.

(f) Sections 11-127, 11-131, 11-136, 11-137, 11-138,
11-139, and 11-140 do not apply to the conversion of residential
rental property for which a notice of intention to create a
condominium was issued before July 1, 1981, if:

(3) A developer or its affiliate entered into a
contract to purchase the residential rental property between
January 1, 1980 and December 31, 1980, and the developer or its
affiliate does not meet the requirements of [paragraphs]
PARAGRAPH (1) or (2) of this subsection. Such a developer or its
affiliate shall comply with §§ 11-136 and 11-137.

DRAFTER'S NOTE: This corrects a stylistic error in §
ll-142(f)(3) of the Real Property Article.

The stylistic error occurred in Ch. 2 of the Acts of
the General Assembly of 1982.

The stylistic error was noted by the Michie Company.

11A-101.

(aa) "Undivided interest" means ownership of an interest in
a project in common with not fewer than 25 other purchasers or
prospective purchasers, that entitles each owner to use or occupy
1 or more units or any of several units during 5 or more
separated time periods over A period of at least 5 years,
including renewal options, whether or not the exercise of the
right to use or occupy depends upon the availability of any unit
or units.

DRAFTER'S NOTE: This corrects a grammatical error in §
11A-l0l(aa) of the Real Property Article.

The grammatical error occurred in Ch. 721 of the Acts
of the Regular Session of the General Assembly of
1985.

 

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Session Laws, 1986
Volume 768, Page 134   View pdf image
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