§ 7–307
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 7-307 (2026)
Title 7. Assisted Housing Preservation Act
Subtitle 3. Rights and Duties
§ 7–307LinkCopy Citation
The person responsible for the closing of a real estate transaction shall file with the Department a written statement, made and signed by the owner under the penalties of perjury, that the transaction complies with this title, if the transaction includes:
(1)
a sale or conveyance of an assisted project or the real property associated with it, and:
(i)
is a protected action; or
(ii)
occurred within 10 years after a protected action for which the owner failed to comply with this title; or
(2)
a release of:
(i)
a mortgage secured by an assisted project; or
(ii)
a regulatory agreement or other document executed in connection with the mortgage that restricts the income levels of the tenants or the rental rates of the assisted project.