(a) Within three years following the date on which units have been granted by the developer to unit owners having a majority of the votes in the council of unit owners, any lease, and any management contract, employment contract, or other contract to which the council of unit owners is a party entered into between the date the property subjected to the condominium regime was granted to the developer and the date on which units have been granted by the developer to unit owners having a majority of votes in the council of unit owners may be terminated by a majority vote of the council of unit owners without liability for the termination. The termination shall become effective upon 30 days’ written notice of the termination from the council of unit owners.
(b) The provisions of this section do not apply to:
(1) Any contract or grant between the council of unit owners and any governmental agency or public utility; or
(2) A condominium that is occupied and used solely for nonresidential purposes.
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