33 §1604-112. Express warranties of quality
§1604-112. Express warranties of quality (a) Express warranties made by any seller to a purchaser of a unit, if relied upon by the purchaser, are only created as follows: (1) Any written affirmation of fact or promise which relates to the unit, its use, or rights appurtenant thereto, area improvements to the condominiums that […]
33 §1603-116. Lien for assessments
§1603-116. Lien for assessments (a) The association has a lien on a unit for any assessment levied against that unit or fines imposed against its unit owner from the time the assessment or fine becomes due. The association’s lien may be foreclosed in like manner as a mortgage on real estate. Unless the declaration otherwise […]
33 §1604-113. Implied warranties of quality
§1604-113. Implied warranties of quality (a) A declarant and any person in the business of selling real estate for his own account warrants that a unit will be in at least as good condition at the earlier of the time of the conveyance or delivery of possession as it was at the time of contracting, […]
33 §1603-117. Other liens affecting the condominium
§1603-117. Other liens affecting the condominium (a) A judgment for money against the association, if a lien order is filed with the Register of Deeds of the county where the condominium is located, as provided in Title 14, section 3132, as it or its equivalent may be amended or modified from time to time, is […]
33 §1604-114. Exclusion or modification of implied warranties of quality
§1604-114. Exclusion or modification of implied warranties of quality (a) Except as limited by subsection (b) with respect to a purchaser of a unit that may be used for residential use, implied warranties of quality: (1) May be excluded or modified by agreement of the parties; and [PL 1981, c. 699 (NEW).] (2) […]
33 §1603-118. Association records
§1603-118. Association records (a) An association must retain the following: [PL 2011, c. 368, §8 (NEW).] (1) Records of receipts and expenditures affecting the operation and administration of the association and other appropriate accounting records for the past 6 years; [PL 2011, c. 368, §8 (NEW).] (2) Minutes of all meetings of its […]
33 §1603-119. Association as trustee
§1603-119. Association as trustee With respect to a 3rd person dealing with the association in the association’s capacity as a trustee under section 1602‑118 and 1603‑113, the existence of trust powers and their proper exercise by the association may be assumed without inquiry. A 3rd person is not bound to inquire whether the association has […]
33 §1604-101. Applicability; waiver
§1604-101. Applicability; waiver (a) This article applies to all units subject to this Act, except as provided in subsection (b) or as modified or waived by agreement of purchasers of units in a condominium in which all units are restricted to nonresidential use. [PL 1981, c. 699 (NEW).] (b) Neither a public offering statement […]
33 §1604-102. Liability for public offering statement requirements
§1604-102. Liability for public offering statement requirements (a) Except as provided in subsection (b) or section 1604‑106, a declarant must, prior to the offering of any interest in a unit to the public, prepare a public offering statement conforming to the requirements of sections 1604‑103, 1604‑104 and 1604‑105. [PL 1981, c. 699 (NEW).] (b) […]
33 §1604-103. Public offering statement; general provisions
§1604-103. Public offering statement; general provisions (a) Except as provided in subsection (b), a public offering statement must contain or fully and accurately disclose: (1) The name and principal address of the declarant and of the condominium; [PL 1981, c. 699 (NEW).] (2) A general description of the condominium, including, to the extent […]