(a) (1) The fee simple owner or lessee under a lease that exceeds 60 years of any property in the State may subject the property to a condominium regime by recording among the land records of the county where the property is located, a declaration, bylaws, and condominium plat that comply with the requirements specified in this title.
(2) (i) Notwithstanding the provisions of paragraph (1) of this subsection, a leasehold estate may not be subjected to a condominium regime if it is used for residential purposes unless the State, a county that has adopted charter home rule under Article XI-A of the Maryland Constitution, a municipal corporation, or, subject to the provisions of subparagraph (ii) of this paragraph, the Washington Metropolitan Area Transit Authority is the owner of the reversionary fee simple estate.
(ii) The Washington Metropolitan Area Transit Authority may establish a leasehold estate for a condominium regime that is used for residential purposes under subparagraph (i) of this paragraph if, when the initial term of the lease expires, there is a provision in the lease that allows the lessee to automatically renew the lease for another term.
(3) Notwithstanding paragraph (2) of this subsection or any declaration, rule, or bylaw, a developer or any other person may not be prohibited from granting a leasehold estate in an individual unit used for residential purposes.
(b) If any property lying partly in one county and partly in any other county is subjected to a condominium regime, the declaration, bylaws, and condominium plat shall be recorded in all counties where any portion of the property is located. Subsequent instruments affecting the title to a unit which is physically located entirely within a single county shall be recorded only in that county, notwithstanding the fact that the common elements are not physically located entirely within that county.
(c) All instruments affecting title to units shall be recorded and taxed as in other real property transactions. However, no State or local tax may be imposed by reason of the execution or recordation of the declaration, bylaws, condominium plat, or any statement of condominium lien recorded pursuant to the provisions of § 11-110 of this title.
(d) The declaration, bylaws, and condominium plat shall be indexed in the grantor index under the name of the developer and under the name of the condominium. Subsequent amendments shall be indexed under the name of the condominium.
Structure Maryland Statutes
Title 11 - Maryland Condominium Act
Section 11-102 - Establishment of Condominium Regime
Section 11-102.1 - Notice Prior to Conversion of Residential Property to Condominium
Section 11-102.2 - Termination of Leases
Section 11-103.1 - Corrective Amendments
Section 11-105 - Condominium Plat
Section 11-106 - Status and Description of Units
Section 11-107 - Percentage Interests
Section 11-108 - Use of Common Elements
Section 11-108.1 - Responsibility for Maintenance, Repair, and Replacement
Section 11-109 - Council of Unit Owners
Section 11-109.1 - Closed Meetings of Board of Directors
Section 11-109.2 - Annual Proposed Budget
Section 11-109.3 - Court Appointment of Receiver
Section 11-109.4 - Reserve Study of Condominium Common Elements -- Criteria
Section 11-110 - Common Expenses and Profits; Assessments; Liens
Section 11-111 - Rules and Regulations
Section 11-111.1 - Family Child Care Homes
Section 11-111.2 - Restrictions on Candidate Signs and Propositions
Section 11-111.3 - Distribution of Written Information or Materials
Section 11-112 - Eminent Domain
Section 11-113 - Dispute Settlement Mechanism
Section 11-114 - Required Insurance Coverage; Reconstruction
Section 11-114.1 - Fidelity Insurance
Section 11-114.2 - Requirement of Owner Insurance Policy on Unit
Section 11-115 - Improvements, Alterations, or Additions by Unit Owner
Section 11-116 - Books and Records to Be Kept; Audit; Inspection of Records
Section 11-118 - Mechanics' and Materialmen's Liens
Section 11-119 - Resident Agent
Section 11-120 - Expanding Condominiums
Section 11-121 - Deposits on New Condominiums
Section 11-122 - Zoning and Building Regulations
Section 11-123 - Termination of Condominium
Section 11-124 - Rules of Construction
Section 11-125 - Easements and Encroachments
Section 11-126 - Disclosure Requirements
Section 11-128 - Duties of Secretary of State
Section 11-129 - Foreign Condominium Units Sold in State
Section 11-130 - Consumer Protection
Section 11-132 - Documents to Be Delivered to Council of Unit Owners by Developer
Section 11-133 - Termination of Leases or Management and Similar Contracts
Section 11-134 - Provisions Requiring Employment of Developer or Vendor to Effect Sale; Exception
Section 11-134.1 - Prohibited Provisions by Developers or Vendors of Condominiums
Section 11-135 - Resale of Unit
Section 11-136 - Tenant's Right to Purchase Property Occupied as Residence
Section 11-137 - Unit Leased by Designated Household
Section 11-138 - Local Government's Right to Purchase Rental Facility
Section 11-139 - Local Government's Right to Purchase Units
Section 11-139.1 - Electronic Transmission of Notice
Section 11-139.2 - Electronic Transmission of Votes or Proxies
Section 11-141 - Title Additional and Supplemental