Md. Code, Real Prop. §11-135
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Maryland Condominium Act — Resale Certificate
Requires the council of unit owners to furnish a resale certificate upon request of a unit owner. The certificate must disclose unpaid assessments, capital expenditures, pending special assessments, insurance coverage, and reserve fund status. Establishes delivery timeline and buyer cancellation rights.
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Disclosure
| Ref | Requirement |
|---|---|
| Requires the council of unit owners to furnish a resale certificate upon request of a unit owner. | |
| Establishes delivery timeline and buyer cancellation rights. |
Financial
| Ref | Requirement |
|---|---|
| The certificate must disclose unpaid assessments, capital expenditures, pending special assessments, insurance coverage, and reserve fund status. |
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