Sec. 11C-17. Tenant right to purchase membership.
Montgomery County, Md., Code § 11C-17 (2026)
Sec. 11C-17. Tenant right to purchase membership.LinkCopy Citation
(a)
Offer required. Before a developer makes a subscription agreement for a unit or evicts a tenant to sell a membership for the unit of the tenant, the developer must:
(1)
Notify the tenant of the price and other material terms of sale in the same manner as this chapter requires for other purchasers; and
(2)
For at least sixty (60) days, offer the membership for that unit to the tenant.
(b)
Offer if unit is changed. If a conversion plan significantly changes the dimensions of a unit, the developer must offer the tenant of that unit a membership for a unit of comparable size and location.