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Session Laws, 1988
Volume 770, Page 1112   View pdf image
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Ch. 6                                          LAWS OF MARYLAND

(b)  If the words[, "single family residential unit,"
"property," "blocks,"] "SINGLE FAMILY RESIDENTIAL UNIT",
"PROPERTY", "BLOCKS", or other designation denoting a unit of
land, appear in the Code, the public local laws, or any local
enactment, a reference to a condominium unit or regime, whichever
is appropriate, is deemed inserted after these descriptive terms
where appropriate to implement this title.

DRAFTER'S NOTE:

Error: Misplaced and extraneous punctuation in §
ll-141(b) of the Real Property Article.

Occurred: Ch. 641, Acts of 1974.

11B-105.

(a) A contract for the initial sale of a lot in a
development containing more than 12 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:

(3) The contract of sale contains[,] a notice, in
conspicuous type, which shall include bold and underscored type,
in a form substantially the same as the following: "This sale
is subject to the requirements of the Maryland Homeowners
Association Act (the "Act"). The Act requires that the seller
disclose to you certain information concerning the development in
which the lot you are purchasing is located. The content of the
information to be disclosed is set forth in § 11B-105(b) of the
Act. The seller must also provide you with copies of any
substantial and material amendments to the information provided
to you. You have three days to rescind this contract after
receiving any substantial and material amendments to the
information required by § 11B-105(b) of the Act which adversely
affects you. By purchasing a lot within a development, you will
automatically be subject to various rights, responsibilities, and
obligations, including the obligation to pay certain assessments
to the homeowners association within the development. You should
review the disclosures carefully to ascertain your rights,
responsibilities, and obligations within the development."

DRAFTER'S NOTE:

Error: Extraneous punctuation in § 11B-105(a)(3) of
the Real Property Article.

Occurred: Ch. 321, Acts of 1987.

11B-107.

(c)  The rights of a purchaser under this section may not be
waived in the contract and any attempted waiver is void.

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Session Laws, 1988
Volume 770, Page 1112   View pdf image
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