Sec. 24B-3. Qualifying homeowners' associations.
Montgomery County, Md., Code § 24B-3 (2026)
Sec. 24B-3. Qualifying homeowners' associations.LinkCopy Citation
A homeowners' association qualifies for assistance under this Chapter if the homeowners' association:
(a)
has at least one-quarter mile of association roadway;
(b)
maintains its association roadways at a level of service satisfactory to the County;
(c)
finances the maintenance of its association roadways with funds collected by the homeowners' association;
(d)
has a financial officer that is bonded or meets the requirements of financial responsibility that regulations under this Chapter prescribe; and
(e)
agrees that eligible disputes to which the homeowners' association is a party will be submitted by the homeowners' association to either:
(1)
the dispute resolution process under Article 2 of Chapter 10B; or
(2)
other meditation or arbitration approved by the Commission on Common Ownership Communities.