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§ 11-121. Deposits made on new condominiums

West's Annotated Code of MarylandReal Property

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 11. Maryland Condominium Act (Refs & Annos)
MD Code, Real Property, § 11-121
§ 11-121. Deposits made on new condominiums
Any deposits taken in connection with the sale by a developer of units in a condominium intended for residential use shall be deposited or held in an escrow account as provided in § 10-301 of this article, unless a corporate surety bond is obtained and maintained as provided in § 10-301 of this article.

Credits

Added as Real Property § 11-118 by Acts 1974, c. 641, § 2, eff. July 1, 1974. Renumbered as Real Property § 11-121 and amended by Acts 1981, c. 246, § 1, eff. July 1, 1981. Amended by Acts 1982, c. 836, § 3.
Formerly Art. 21, § 11-127.
MD Code, Real Property, § 11-121, MD REAL PROP § 11-121
Current through all legislation from the 2017 Regular Session of the General Assembly
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