Section 14-502 - Affordable housing land trust agreement - Nature; construction. - Maryland Statutes

§ 14-502. Affordable housing land trust agreement - Nature; construction.
 

(a)  Nature.- An affordable housing land trust agreement created under this subtitle: 

(1) Is not a ground lease; and 

(2) Is not subject to any provision concerning ground leases under Title 8 or Title 14, Subtitle 1 of this article or under any other provision of the Code. 

(b)  Applicability.- This subtitle does not apply to any ground lease that is subject to Title 8 or Title 14, Subtitle 1 of this article. 

(c)  Construction.- This subtitle may not be construed to exempt any affordable housing land trust or any affordable housing land trust agreement from any provision of law mandating equal treatment or prohibiting discrimination. 
 

[2010, chs. 609, 610.]