Ch. 5

LAWS OF MARYLAND

11-142.

(b)  Except to the extent that the declaration or master
deed, bylaws, or plat provide otherwise, §§ 11-114 and 11-123 OF
THIS TITLE are applicable to all condominiums.

(c)  Unless the developer elects to conform to the
requirements of § 11-120 OF THIS TITLE, § 11-120 OF THIS TITLE is
not applicable to those condominiums created prior to July 1,
1974 under circumstances where the developer reserved the right
to expand the condominium.

(d)  As to condominiums created prior to July 1, 1981,
compliance with § 11-124 OF THIS TITLE as in effect on June 30,
1981, is deemed compliance with § 11-126 OF THIS TITLE as
effective on July 1, 1981.

(e)  Section 11-133 OF THIS TITLE is applicable only to
leases or management and similar contracts executed after July 1,
1974.

(f)  Sections 11-127, 11-131, 11-136, 11-137, 11-138,
11-139, and 11-140 OF THIS TITLE do not apply to the conversion
of residential rental property for which a notice of intention to
create a condominium was issued before July 1, 1981, if:

(1)  (i) On or before March 15, 1982, units in the
residential rental property have been publicly offered for sale
as condominium units; and

(ii) On or before March 15, 1982, 35 percent of
the units in the residential rental property are under a contract
to be sold pursuant to a bona fide, arm's length transaction;

(2)  (i) On or before March 15, 1982, the residential
rental property has been subjected to a condominium regime, or,
in the case of an expanding condominium, the residential rental
property is shown on the condominium plat filed on or before
March 15, 1982;

(ii) Units in the condominium have been
publicly offered for sale on or before April 15, 1982; and

(iii) On or before May 15, 1982, at least 10
percent of the units in the condominium, or in the case of an
expanding condominium, 10 percent of the total number of units to
be contained in the condominium as fully expanded, are under a
contract to be sold in a bona fide, arm's length transaction; or

(3)  A developer or its affiliate entered into a
contract to purchase the residential rental property between
January 1, 1980 and December 31, 1980, and the developer or its
affiliate does not meet the requirements of paragraph (1) or (2)

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