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§ 12-203. Restrictions on additional compensation

West's Annotated Code of MarylandReal Property

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 12. Eminent Domain (Refs & Annos)
Subtitle 2. Relocation and Assistance (Refs & Annos)
MD Code, Real Property, § 12-203
§ 12-203. Restrictions on additional compensation
Currentness
Subject to the provisions of § 8-309(h)(2) of the Transportation Article, the additional payment authorized by § 12-202 of this subtitle shall be made only to a displaced person who purchases and occupies a replacement dwelling which is decent, safe, and sanitary, not later than the end of the one-year period beginning on:
(1) The date on which he receives from the displacing agency final payment of all costs of the acquired dwelling; or
(2) The date on which the displacing agency's obligation under § 12-206(b)(3) of this subtitle is met, whichever is later, except that the displacing agency may extend such period for good cause. If such period is extended, the payment under this section shall be based on the costs of relocating the person to a comparable replacement dwelling within 1 year of such date.

Credits

Added by Acts 1974, c. 12, § 2, eff. July 1, 1974. Amended by Acts 1988, c. 489; Acts 1989, c. 5 § 1; Acts 1989, c. 10, § 1, eff. April 4, 1989; Acts 1995, c. 3, § 22, eff. March 7, 1995.
Formerly Art. 21, § 12-203.
MD Code, Real Property, § 12-203, MD REAL PROP § 12-203
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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