<?xml version='1.0' encoding='utf-8'?>
<section article="grp" article_name="Real Property" number="14-508" title_number="14" title_name="Miscellaneous Rules" subtitle_number="5" subtitle_name="Affordable Housing Land Trusts">
  <text>The reversionary rights of an affordable housing land trust as set forth in the affordable housing land trust agreement are limited to provisions that relate to: </text>
  <level label="1">
    <text>The transfer of the property to a person who is not a party to the agreement or a person who does not meet the conditions set forth in the affordable housing land trust agreement;</text>
  </level>
  <level label="2">
    <text>The possession of the property by a person who does not meet the conditions set forth in the affordable housing land trust agreement;</text>
  </level>
  <level label="3">
    <text>The transfer of an interest in the property to a person who does not meet the conditions set forth in the affordable housing land trust agreement;</text>
  </level>
  <level label="4">
    <text>The waste, destruction, or abandonment of the property; or</text>
  </level>
  <level label="5">
    <text>The failure to comply with any financial provision in the affordable housing land trust agreement.</text>
  </level>
</section>
