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By-law Amendments
PLAZA CONDOMINIUM, INC.
PROPOSED AMENDMENTS TO BY-LAWS

The Board of Directors is recommending amendments to three sections of the By-laws.  The proposed amendments are shown in italics:

1) Amendment to Article VIII (Management), Section 4 (Windows and Doors):

Section 4 currently reads as follows:  “The owner of any condominium unit shall, at his own expense, clean, maintain, and replace all windows and glass doors of the condominium unit and shall, at his own expense, clean and maintain the interior surfaces of all entry doors of the condominium unit which are not glass."

Proposed amendment:  Delete the section as it reads and replace it with the following:  “The owner of any condominium unit shall, at his own expense, clean, maintain, repair and replace all windows and glass doors and all entry doors of the condominium unit.”


2)  Amendment to Article VIII (Management) to add a new Section 8 following Section 7 as follows:

“Section 8.  Water Damage Prevention.  To prevent water damage to the condominium, each unit owner shall:

     (a)      turn off the water supply to his/her unit whenever the unit will be unoccupied for more than 24 hours;

     (b)      maintain a temperature of at least 55 degrees in the unit at all times between October 15 and March 15;

     (c)      replace the unit's water heater at least every 12 years; and

     (d)      inspect annually all plumbing pipes and fixtures, water heaters, washing machines, dishwashers, ice makers, and other items containing or using water; repair or replace each item that is defective or near the end of its life; and by November 30 of each year beginning in 2007, certify to the Board of Directors as follows:

The undersigned owner hereby certifies under the penalties of perjury that the plumbing pipes and fixtures, water heater, washing machine, dishwasher, ice maker, and other items containing or using water in the unit have been inspected within the last 60 days, and each defective item or item near the end of its life has been replaced or repaired.


_______________________        __________________________________
Unit Number                         Unit Owner Name


_______________________       __________________________________
Date                                       Unit Owner Signature


     A unit owner who fails to comply with one or more of the foregoing requirements shall be responsible for paying the costs of repairs or replacement for water damage losses originating in his/her unit.”

3)  Amendment to Article XIII (Casualty Damage - Reconstruction or Repair)

This Article currently reads as follows:  “Use of Insurance Proceeds.  In the event of damage or destruction by fire or other casualty, the same shall be promptly repaired or reconstructed in substantial conformity with the original plans and specifications with the proceeds of insurance available for that purpose, subject to the limitations set forth in Section 11-114(G) of the Real Property Article of the Annotated Code of Maryland.”

Proposed amendment:  Delete the Article as it reads and insert the following in its place:

     “Section 1.  Use of Insurance Proceeds.  In the event of damage or destruction by fire or other casualty, the same shall be promptly repaired or reconstructed in substantial conformity with the original plans and specifications with the proceeds of insurance available for that purpose, subject to the limitations set forth in Section 11-114(g) of the Real Property, Article of the Annotated Code of Maryland.

     Section 2.  The cost of repair or replacement in excess of insurance proceeds and reserves is a common expense; however, a property insurance deductible is not a cost of repair or      replacement in excess of insurance proceeds except as provided below.

          (a)     If the cause of any damage to or destruction of any portion of the Condominium originates from the common elements, the Council of Unit Owners' property insurance deductible is a common expense.

          (b)     If the cause of any damage to or destruction of any portion of the Condominium originates from a unit, the Council of Unit Owners' property insurance deductible above $1,000.00 is a common expense, and the owner of the unit where the cause of the damage or destruction originated is responsible for the Council of Unit Owners' property insurance      deductible up to, but not exceeding $1,000.00.

          (c)     The Council of Unit Owners may make an annual assessment against the unit owner responsible under subparagraph (b) of this paragraph in the same manner as provided under Section 11-110 of the Real Property Article of the Annotated Code of Maryland.”