HARRY HUGHES, Governor
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HELD IN AN ESCROW. ACCOUNT IN THE SAME MANNER AS PROVIDED IN
SECTION 10-301 OF THE REAL PROPERTY ARTICLE IN THE CASE OF SALES
OF NEW, UNCOMPLETED SINGLE FAMILY UNITS;
(X) A STATEMENT OF ANY FEES REQUIRED BY THE
COOPERATIVE HOUSING CORPORATION IN CONNECTION WITH THE TRANSFER
OF MEMBERSHIP OR ISSUANCE OF A PROPRIETARY LEASE;
(XI) A STATEMENT OF THE COMMON CHARGES, KNOWN
OR ANTICIPATED, HOWEVER DENOMINATED, WHICH MAY BE LEVIED AGAINST
A MEMBER;
(XII) A STATEMENT OF THE COOPERATIVE INTEREST
ASSOCIATED WITH EACH UNIT AND THE UNDERLYING DEBT RESPONSIBILITY
ASSOCIATED WITH EACH UNIT ON A PRO RATA BASIS, IF APPLICABLE;
(XIII) A STATEMENT AS TO WHETHER THE
COOPERATIVE HOUSING CORPORATION HAS OR WILL OBTAIN INSURANCE
COVERAGE FOR CASUALTY, PROPERTY DAMAGE, AND PUBLIC LIABILITY AND
IF SO, IN WHAT AMOUNTS;
(XIV) IN THE CASE OF A COOPERATIVE HOUSING
CORPORATION CONTAINING BUILDINGS SUBSTANTIALLY COMPLETED MORE
THAN 5 YEARS PRIOR TO THE DATE OF THE NOTICE REQUIRED UNDER §
5-6B-05 OF THIS SUBTITLE, 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, THE ESTIMATED COSTS OF REPAIRS
FOR WHICH A PRESENT NEED IS DISCLOSED IN THE STATEMENT, AND A
STATEMENT OF REPAIRS WHICH THE DEVELOPER INTENDS TO MAKE. THE
DEVELOPER IS ENTITLED TO RELY ON THE REPORTS OF ARCHITECTS OR
ENGINEERS AUTHORIZED TO PRACTICE THEIR PROFESSION IN THIS STATE;
AND
(XV) A STATEMENT OF ALL WARRANTIES AND
DISCLAIMERS BEING MADE TO THE INITIAL PURCHASER AND TO THE
COOPERATIVE HOUSING CORPORATION BY THE DEVELOPER;
(3) COPIES OF THE PROPOSED OR FINAL:
(I) CONTRACT OF SALE;
(II) MEMBERSHIP CERTIFICATE;
(III) PROPRIETARY LEASE;
(IV) ARTICLES OF INCORPORATION;
(V) BYLAWS;
(VI) RULES, IF ANY;
(VII) FLOOR PLANS;
(VIII) BLANKET ENCUMBRANCES;
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