2015 Maryland Code
REAL PROPERTY
Title 11 - MARYLAND CONDOMINIUM ACT
§ 11-109.3 - Court appointment of receiver

MD Real Prop Code § 11-109.3 (2015) What's This?

(a) Receiver appointed if quorum fails. -- If the council of unit owners fails to fill vacancies on the board of directors sufficient to constitute a quorum in accordance with the bylaws, three or more unit owners may petition the circuit court for the county where the condominium is located to appoint a receiver to manage the affairs of the council of unit owners.

(b) Notice required. --

(1) At least 30 days before petitioning the circuit court, the unit owners acting under the authority granted by subsection (a) of this section shall mail to the council of unit owners a notice describing the petition and the proposed action.

(2) The unit owners shall post a copy of the notice in a conspicuous place on the condominium property.

(c) No quorum within notice period. -- If the council of unit owners fails to fill vacancies sufficient to constitute a quorum within the notice period, the unit owners may proceed with the petition.

(d) Limitations on receiver. -- A receiver appointed by a court under this section may not reside in or own a unit in the condominium governed by the council of unit owners.

(e) Powers and duties of receiver; length of service. --

(1) A receiver appointed under this section shall have all powers and duties of a duly constituted board of directors.

(2) The receiver shall serve until the council of unit owners fills vacancies on the board of directors sufficient to constitute a quorum.

(f) Common expenses. -- The salary of the receiver, court costs, and reasonable attorney's fees are common expenses.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.