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Session Laws, 1999
Volume 796, Page 1037   View pdf image
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(III) THE NUMBER OF UNSATISFIED JUDGMENTS OBTAINED
AGAINST UNIT OWNERS FOR UNPAID ASSESSMENTS; AND

(IV) THE TOTAL AMOUNT OF ARREARAGES AMONG ALL UNIT

OWNERS;

[(6)] (7) A copy of any lease to which it is anticipated the unit owners or
the council of unit owners will be a party following closing;

[(7)] (8) A description of any contemplated expansion of the
condominium with a general description of each stage of expansion and the maximum
number of units that can be added to the condominium;

[(8)] (9) A copy of the floor plan of the unit or the proposed condominium

plats;

[(9)] (10) A description of any recreational or other facilities which are to
be used by the unit owners or maintained by them or by the council of unit owners,
and a statement as to whether or not they are to be part of the common elements;

[(10)](11) A statement as to whether streets within the condominium are
to be dedicated to public use or maintained by the council of unit owners;

[(11)] (12) A statement of any judgments against the council of unit owners
and the existence of any pending suits to which the council of unit owners is a party;

[(12)](13) In the case of a condominium containing buildings substantially
completed more than 5 years prior to the filing of the application for registration
under § 11-127 of this title, a statement of the physical condition and state of repair
of the major structural, mechanical, electrical, and plumbing components of the
improvements, to the extent reasonably ascertainable, and estimated costs of repairs
for which a present need is disclosed in the statement and a statement of repairs
which the vendor intends to make. The vendor is entitled to rely on the reports of
architects or engineers authorized to practice their profession in this State;

[(13)](14) A description of any provision in the declaration or bylaws
limiting or providing for the duration of developer control or requiring the phasing-in
of unit owner participation, or a statement that there is no such provision;

[(14)](15) If the condominium is one which will be created by the
conversion of a rental facility, a copy of the notice and materials required by §§
11-102.1 and 11-137 of this title;

[(15)] (16) A statement of whether the unit being purchased is subject to
an extended lease under § 11-137 of this title, or local law, and a copy of any extended
lease; [and]

(17) A PLAIN LANGUAGE SUMMARY OF THE INFORMATION REQUIRED
UNDER PARAGRAPH
S (1), (5), (6), AND (12) OF THIS SUBSECTION; AND

[(16)](18) (17) Any other information required by regulation duly
adopted and issued by the Secretary of State.

 

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Session Laws, 1999
Volume 796, Page 1037   View pdf image
 Jump to  
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