(a) Notwithstanding any bylaw, provision of a declaration, rule, or other provision
of law, the governing body of a homeowners association or, if control of the governing
body has not yet transitioned to the lot owners, the declarant shall give notice in
accordance with subsection (b) of this section no less than 30 days before the sale,
including a tax sale, of any common area located on property that has been transferred
to the homeowners association.
(b) The notice requirement under subsection (a) of this section shall be satisfied
(1) Providing written notice about the sale to each lot owner; or
(2)(i) Posting a sign about the sale on the property to be sold, in a manner similar
to signage required for a zoning modification; and
(ii) If the homeowners association has a Web site, providing notice about the sale
on the home page of the Web site of the homeowners association.
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