§ 8-207. Assessing of condominium property

Latest version.

(a) Value of condominium units. -- Each unit in a condominium and the undivided interest in common elements shall be valued as provided by § 8-104 of this title.

(b) Recording of condominium values. -- Each condominium unit is separately listed in the assessment records of the county where the condominium is located.

(c) Applicability of sale or forfeiture. -- A sale or forfeiture of a unit for failure to pay the property tax, general or special assessments, or other charges is applicable only to the unit subject to sale or forfeiture. A sale or forfeiture of a unit may not affect the title to any other unit for which all taxes, assessments, or charges have been paid.

HISTORY: RP § 11-117; 1985, ch. 8, § 2; ch. 480, § 3.

                    
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