WILLIAM DONALD SCHAEFER, Governor                     Ch. 82

INFORMATION PROVIDED TO YOU. YOU HAVE 3 DAYS TO CANCEL THIS

CONTRACT AFTER RECEIVING ANY SUBSTANTIAL AND MATERIAL

AMENDMENTS TO THE MHAA INFORMATION WHICH ADVERSELY AFFECT
YOU.

"THIS SALE IS SUBJECT TO THE REQUIREMENTS OF THE MARYLAND
HOMEOWNERS ASSOCIATION ACT (THE "ACT"). THE ACT REQUIRES
THAT THE SELLER DISCLOSE TO YOU AT OR BEFORE THE TIME THE
CONTRACT IS ENTERED INTO, OR WITHIN 20 CALENDAR DAYS OF
ENTERING INTO THE CONTRACT, 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-106(B) OF THE ACT (THE "MHAA
INFORMATION") AS FOLLOWS: (THE NOTICE SHALL INCLUDE AT THIS
POINT THE TEXT OF § 11B-106(B) IN ITS ENTIRETY).

IF YOU HAVE NOT RECEIVED ALL OF THE MHAA INFORMATION 5
CALENDAR DAYS OR MORE BEFORE ENTERING INTO THE CONTRACT, YOU
HAVE 5 CALENDAR DAYS TO CANCEL THIS CONTRACT AFTER RECEIVING
ALL OF THE MHAA INFORMATION. YOU MUST CANCEL THE CONTRACT
IN WRITING, BUT YOU DO NOT HAVE TO STATE A REASON. THE
SELLER MUST ALSO PROVIDE YOU WITH NOTICE OF ANY CHANGES IN
MANDATORY FEES EXCEEDING 10% OF THE AMOUNT PREVIOUSLY STATED
TO EXIST AND COPIES OF ANY OTHER SUBSTANTIAL AND MATERIAL
AMENDMENT TO THE INFORMATION PROVIDED TO YOU. YOU HAVE 3
CALENDAR DAYS TO CANCEL THIS CONTRACT AFTER RECEIVING NOTICE
OF ANY CHANGES IN MANDATORY FEES, OR COPIES OF ANY OTHER
SUBSTANTIAL AND MATERIAL AMENDMENT TO THE MHAA INFORMATION
WHICH ADVERSELY AFFECTS YOU. IF YOU DO CANCEL THE CONTRACT
YOU WILL BE ENTITLED TO A REFUND OF ANY DEPOSIT YOU MADE ON
ACCOUNT OF THE CONTRACT. HOWEVER, UNLESS YOU RETURN THE
MHAA INFORMATION TO THE SELLER WHEN YOU CANCEL THE CONTRACT,
THE SELLER MAY KEEP OUT OF YOUR DEPOSIT THE COST OF
REPRODUCING THE MHAA INFORMATION, OR $100, WHICHEVER AMOUNT
IS LESS.

BY PURCHASING A LOT WITHIN THIS 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. THE LOT YOU ARE PURCHASING MAY HAVE
RESTRICTIONS ON:

(1)  ARCHITECTURAL CHANGES, DESIGN, COLOR,
LANDSCAPING, OR APPEARANCE;

(2)  OCCUPANCY DENSITY;

(3)  KIND, NUMBER, OR USE OF VEHICLES;

(4)  RENTING, LEASING, MORTGAGING, OR CONVEYING
PROPERTY;

- 1879 -