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Session Laws, 1989
Volume 771, Page 1122   View pdf image
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Ch. 5                                           LAWS OF MARYLAND

(ii) Of any violation of the health or building
codes with respect to the unit or the limited common elements
assigned to the unit; and

(iii) That the unit is subject to an extended
lease under § 11-137 of this title or under local law, and if so,
a copy of the lease must be provided.

(b)  A contract for the resale by a unit owner other than a
developer of a unit in a condominium containing less than 7 units
is not enforceable unless the contract of sale contains in
conspicuous type a notice in the form specified in subsection
(g)(2) OF THIS SECTION, and the unit owner furnishes to the
purchaser not later than 15 days prior to closing:

(1)  A copy of the declaration (other than the plats);

(2)  The bylaws;

(3)  The rules and regulations of the condominium; and

(4)  A statement by the unit owner of the unit owner's
expenses during the preceding 12 months relating to the common
elements.

(c)  (1) The council of unit owners, within 20 days after a
written request by a unit owner and receipt of a reasonable fee
therefor, not to exceed the cost to the council of unit owners,
if any, shall furnish a certificate containing the information
necessary to enable the unit owner to comply with subsection (a)
OF THIS SECTION. A unit owner providing a certificate under
subsection (a) OF THIS SECTION is not liable to the purchaser for
any erroneous information provided by the council of unit owners
and included in the certificate.

(f)  Any purchaser may at any time within 7 days following
receipt of all of the information required under subsection (a)
or (b) OF THIS SECTION, whichever is applicable, rescind in
writing the contract of sale without stating any reason and
without any liability on his part. The purchaser, upon recision,
is entitled to the return of any deposits made on account of the
contract.

(g)  (1) A notice given as required by subsection (a) OF
THIS SECTION shall be sufficient for the purposes of this section
if it is in substantially the following form:

"NOTICE

The seller is required by law to furnish to you not later
than 15 days prior to closing certain information concerning the
condominium which is described in § 11-135 of the Maryland

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Session Laws, 1989
Volume 771, Page 1122   View pdf image
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