New Maryland Law Facilitates Ability Of Condos To Suspend Common Element Privileges As A Means Of Collecting Delinquent Condominium Assessments

The Maryland legislature recently made it easier for condominium associations to amend their declarations to authorize the suspension of common area parking and recreational facilities of unit owners whose delinquent condominium assessments are more than 60 days in arrears. Under prior law, a minimum of 80% or greater was required for such an amendment. The new law allows condominium associations to amend their declarations to include suspension authorization by approval of 60% of the total eligible votes of a condominium.    Read the article………………

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