(a) General rule.--Before
conveying a unit, other than by deed in lieu of foreclosure, to a purchaser
other than a declarant, a declarant shall record or furnish to the purchaser
releases of all liens affecting that unit and its common element interest
which the purchaser does not expressly agree to take subject to or assume,
or shall provide a surety bond or substitute collateral for or insurance
against the lien adequate in nature and amount. This subsection does not
apply to any convertible or withdrawable real estate in which no unit has
been conveyed.
(b) Other liens.--Before
conveying real estate to the association, the declarant shall have the real
estate released from:
(1) All liens, the
foreclosure of which would deprive unit owners of any right of access to
or easements of support of their units.
(2) All other liens
on that real estate unless the public offering statement describes certain
real estate which may be conveyed subject to liens in specified amounts
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