Section 7-215 - Extended leases for designated households - Sale or conveyance of assisted project. - Maryland Statutes

§ 7-215. Extended leases for designated households - Sale or conveyance of assisted project.
 

If an assisted project includes a unit occupied by a designated household and the assisted project is sold or conveyed after a protected action: 

(1) the provisions of this subtitle concerning extended leases continue to apply despite the sale or conveyance; 

(2) the new landlord shall provide each designated household with written notice of the sale or conveyance; and 

(3) on or before the execution of a contract of sale, the seller shall provide the purchaser with written disclosure of each unit occupied by a designated household subject to the provisions concerning extended leases for designated households. 
 

[An. Code 1957, art. 83B, § 9-106(h); 2005, ch. 26, § 2.]