WILLIAM DONALD SCHAEFER, Governor                    Ch. 321

SUBJECTED TO A DECLARATION BY A PERSON WHO IS NOT AFFILIATED WITH
THE VENDOR, THE REQUIREMENTS OF SUBSECTION (B) OF THIS SECTION
SHALL BE DEEMED TO HAVE BEEN FULFILLED WITH RESPECT TO THE
PROPERTY IF:

(I)  THE VENDOR GIVES TO THE PURCHASER A
CERTIFICATE THAT SETS FORTH THE INFORMATION REQUIRED TO BE
DISCLOSED BY SUBSECTION (B) OF THIS SECTION; AND

(II)  THE CERTIFICATE IS SIGNED BY:

1.  AN AUTHORIZED REPRESENTATIVE OF THE
PERSON WHO SUBJECTED THE PROPERTY TO THE DECLARATION;

2.  THE MANAGEMENT AGENT OF THE HOMEOWNERS
ASSOCIATION; OR

3.  AN OFFICER OR AGENT WHO IS AUTHORIZED
TO PROVIDE INFORMATION REGARDING THE PROPERTY.

(2) THE VENDOR SHALL BE ENTITLED TO RELY UPON THE
CERTIFICATE FURNISHED UNDER PARAGRAPH (1) OF THIS SUBSECTION IF
THE VENDOR HAD, AFTER REASONABLE INVESTIGATION, REASONABLE
GROUNDS TO BELIEVE, AND DID BELIEVE, AT THE TIME THE CERTIFICATE
WAS PROVIDED TO THE PURCHASER, THAT THE STATEMENTS CONTAINED IN
THE CERTIFICATE WERE TRUE AND THAT THERE WAS NO OMISSION TO STATE
A MATERIAL FACT NECESSARY TO MAKE THE STATEMENTS CONTAINED IN THE
CERTIFICATE NOT MISLEADING.

11B-106.

(A)  A CONTRACT FOR THE RESALE OF A LOT WITHIN A
DEVELOPMENT, OR FOR THE INITIAL SALE OF A LOT WITHIN A
DEVELOPMENT CONTAINING 12 OR FEWER LOTS, TO A MEMBER OF THE
PUBLIC WHO INTENDS TO OCCUPY OR RENT THE LOT FOR RESIDENTIAL
PURPOSES, IS NOT ENFORCEABLE BY THE VENDOR UNLESS:

(1)  THE PURCHASER IS GIVEN, ON OR BEFORE ENTERING
INTO THE CONTRACT FOR THE SALE OF SUCH LOT, THE DISCLOSURES SET
FORTH IN SUBSECTION (B) OF THIS SECTION; AND

(2)  THE PURCHASER IS GIVEN ANY SUBSTANTIAL AND
MATERIAL AMENDMENT TO THE DISCLOSURES AFTER THEY BECOME KNOWN TO
THE VENDOR.

(B)  THE VENDOR SHALL PROVIDE THE PURCHASER THE FOLLOWING
INFORMATION IN WRITING:

(1)  A STATEMENT AS TO WHETHER THE LOT IS LOCATED
WITHIN A DEVELOPMENT;

(2)  (I) THE CURRENT MONTHLY FEES OR ASSESSMENTS
IMPOSED BY THE HOMEOWNERS ASSOCIATION UPON THE LOT;

- 1869 -