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VICKY AND LARRY OREM v. HANOVER OFFICE PARK COUNCIL OF UNIT OWNERS
Condominium owners brought a declaratory action against the condominium association, seeking a declaration that they had the right to lock the front stairwell door that led to their unit. Did the circuit court err in finding that the Condominium Documents create an easement for ingress and egress through the Limited Common Element?
Luxury condo market turning up
Helped by sweeping vistas of the city’s waterfront and skyline, sales of luxury condominiums in Baltimore have spiked recently, leading the way toward a highbrow housing recovery in the local market, experts say.
Court of Appeals withdraws decision in condominium case
Maryland’s top court has ordered a do-over. The Court of Appeals last month withdrew a decision it had issued Oct. 25 and in the process reinstated — at least temporarily — a $1 million award to about 25 condominium resale purchasers in Port Deposit. The court, by withdrawing the decision, also lifted its controversial ruling […]
New condo prices increase by 1 percent in Baltimore
New condominium prices in Baltimore increased by 1 percent during the third quarter of 2011, but they dropped by nearly 6 percent in the metropolitan area, a report released Monday shows. Between July and September of this year, the Baltimore metro area recorded 99 new condo sales, less than the 155 sold during the corresponding […]
Construction of new homes plummeted again in April
WASHINGTON — For homebuilders, it hardly feels like an economic recovery. Nearly two years after the recession ended, the pace of construction is inching along at less than half the level considered healthy. Single-family home building, the bulk of the market, has dropped 11 percent in that time. And there’s no sign it will improve […]
Community associations get some financial relief
Among the flurry of bills passed in the waning days of the General Assembly’s session was one long hoped-for by community associations across the state to help deal with the foreclosure crisis. The new law will give the homeowner and condominium associations four months’ worth of dues up to $1,200 over a bank’s lien in […]
