If a tenant proposes to use a federal, State, or local program to assist the purchase, for either mortgage insurance, a mortgage guarantee, or a direct mortgage, the required deposit shall not exceed the cash contribution required of the buyer by that program. If no such program is involved in the tenant purchase, the deposit required for a sales contract shall be at least 1% of the purchase price. No landlord may refuse to enter into a sales contract with a tenant solely because the tenant proposes to use a federal, State, or local program to assist in the financing of the purchase. A sales contract shall contain a reasonable financing contingency clause which:shall not require the tenant to obtain financing in less than 60 days from the date a contract is tendered by the landlord; and shall excuse the tenant from performance of the sales contract if the tenant is unable to obtain adequate financing within said 60-day period.

Unless otherwise expressly stated, a landlord may not request, and the tenant may not grant, a waiver of any requirement under <cite data-path="|13|6">this subtitle</cite> unless the waiver is in exchange for consideration that the tenant, in their sole discretion, find acceptable.

In any transfer of real property subject to <cite data-path="|13|6">this subtitle</cite> to a party other than the tenant, the landlord shall file in the land records of Baltimore City, and with the Commissioner of the Baltimore City Department of Housing and Community Development, an affidavit in the form set forth in subsection (c) of this section, certifying that the requirements of <cite data-path="|13|6">this subtitle</cite> have been met, as a part of the deed conveyance. Where an affidavit has been filed as required by subsection (a) of this section, the rights and title of a third party transferee and the transferee’s heirs, successors, or assigns shall be free of any restriction or claim arising in favor of the tenant under <cite data-path="|13|6">this subtitle</cite>. The affidavit affirming compliance with the requirements of <cite data-path="|13|6">this subtitle</cite> described under subsection (a) of this section shall:if the tenant has responded to the offer of sale required under <cite data-path="|13|6">this subtitle</cite>, include the following statement: “(Name of tenant), being the tenant of the property known as (street address) in Baltimore City, following an offer of sale as required by <cite data-path="|13|§6-7">§ 6-7 of Article 13</cite> of the Baltimore City Code, sent (date of mailing), has failed to enter into a contract to purchase said property in the manner and time provided by Subtitle 6 of <cite data-path="|13">Article 13</cite> of the Baltimore City Code.” (Add if applicable) “Notice pursuant to <cite data-path="|13|§6-7">§ 6-7 of Article 13</cite> of the Baltimore City Code was subsequently sent to said tenant on (date of mailing), and tenant subsequently failed to contract to purchase said property in lieu of (name of third party) within the period of time provided by said § 6-8, that period being 7 days.”; or if the tenant has waived right of first refusal, include the following statement: “(Name of tenant), being the tenant of the property known as (street address) in Baltimore City, following an offer of sale as required by <cite data-path="|13|§6-7">§ 6-7 of Article 13</cite> of the Baltimore City Code, sent (date of mailing), has not entered into a contract for sale. Where a rental single-family dwelling unit subject to this section is owned by a corporation, LLC, or other business organization, the affidavit required by subsection (a) of this section shall be made by a duly authorized officer of the organization or duly authorized representative of the ownership entity.

A landlord shall report each rental single-family dwelling unit transfer subject to <cite data-path="|13|6">this subtitle</cite> to the Commissioner within 30 days of the transfer in the manner required by the Commissioner. The duty to report under this subsection shall include transfers to a party other than the tenant. On or before June 30 of the each year, the Commissioner shall submit a report to the Mayor and City Council detailing:disaggregated by zip code, the total number of transfers subject <cite data-path="|13|6">this subtitle</cite>, including:transfers to a tenant; and transfers to a party other than a tenant; any recommendations for legislative or policy amendments to better ensure that City tenants are benefitting from <cite data-path="|13|6">this subtitle</cite>.