§ 11-109.4. Reserve studies
West's Annotated Code of MarylandReal PropertyEffective: October 1, 2021
Effective: October 1, 2021
MD Code, Real Property, § 11-109.4
§ 11-109.4. Reserve studies
(a) In this section, “reserve study” means a study of the reserves required for future major repairs and replacement of the common elements of a condominium in Prince George's County or Montgomery County that:
(b) This section applies only to a condominium in Prince George's County or Montgomery County.
Timing for reserve studies for cooperative housing corporations established in Prince George's County on or after October 1, 2020, or Montgomery County on or after October 1, 2021
(c)(1) This subsection applies only to a condominium established in:
Timing for reserve studies for cooperative housing corporations established in Prince George's County before October 1, 2020, or Montgomery County before October 1, 2021
(d)(1)(i) This paragraph applies only to a condominium established in Prince George's County before October 1, 2020.
(e) Each reserve study required under this section shall:
Credits
Added by Acts 2020, c. 138, § 1, eff. Oct. 1, 2020. Amended by Acts 2021, c. 433, § 1, eff. Oct. 1, 2021.
MD Code, Real Property, § 11-109.4, MD REAL PROP § 11-109.4
Current through legislation effective through May 16, 2022, from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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