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<baltimore-city-law heading="Regulation .07 Land Disposition Agreement.">
  <section prefix="Regulation" num=".07" heading="Land Disposition Agreement.">
    <para num="A.">In General.<para num="(1)">Upon receipt of a signed award letter, the Department shall:<para num="(a)">Ensure the terms of a sale are subject to the land disposition agreement; and</para>
        <para num="(b)">Provide a draft copy of a land disposition agreement to the purchaser.</para>
      </para>
      <para num="(2)">Upon receipt of the draft land disposition agreement from the Department, the purchaser shall:<para num="(a)">Review the terms of the land disposition agreement; and</para>
        <para num="(b)">Submit a requested modification to the Department via email, if a modification is necessary.</para>
      </para>
    </para>
    <para num="B.">Signature.<para num="(1)">Upon agreement of contract terms, the Department shall submit the land disposition agreement for final signature from the required parties as described under &lt;cite data-path="07.03"&gt;this subtitle&lt;/cite&gt;.</para>
      <para num="(2)">The purchaser shall:<para num="(a)">Sign the land disposition agreement through the use of a RON; or</para>
        <para num="(b)">Sign and return the land disposition agreement via postal mail in accordance with &lt;cite data-path="07.03.02.07|B.|(3)"&gt;§B(3) of this regulation&lt;/cite&gt;.</para>
      </para>
      <para num="(3)">A purchaser submitting a signed land disposition agreement via postal mail shall:<para num="(a)">Ensure the signed land disposition agreement is notarized;</para>
        <para num="(b)">Assume the cost of:<para num="(i)">Notarization; and</para>
          <para num="(ii)">Postage;</para>
        </para>
        <para num="(c)">Address the mail to the purchaser’s assigned real estate officer as specified in the award letter; and</para>
        <para num="(d)">Send the signed and notarized land disposition agreement to:</para>
      </para>
      <para num="(4)">The Department may not accept a land disposition agreement that is not notarized.</para>
    </para>
    <para num="C.">Compliance.
The Department shall assign a compliance officer to ensure a purchaser remains compliant with the land disposition agreement until the Department receives a certificate of completion from the purchaser.</para>
  </section>
</baltimore-city-law>
