§ 14-505. Scope of affordable housing land trust agreements
West's Annotated Code of MarylandReal PropertyEffective: October 1, 2010
Effective: October 1, 2010
MD Code, Real Property, § 14-505
§ 14-505. Scope of affordable housing land trust agreements
(a) An affordable housing land trust agreement may:
(b) An affordable housing land trust shall record any affordable housing land trust agreement in accordance with subsection (f) of this section and Title 3 of this article.
(c) An affordable housing land trust agreement:
(d) An affordable housing land trust agreement shall:
(e)(1) A copy of an affordable housing land trust agreement shall be provided to the purchaser of any property covered by the agreement at least 15 days before the purchaser enters into a contract acquiring an interest in or possession of any property covered by the agreement.
(f) A copy of the affordable housing land trust agreement and a signed, notarized affidavit acknowledging receipt of the affordable housing land trust agreement by the transferee shall be:
(g) Recordation of a copy of the affordable housing land trust agreement and the affidavit:
Credits
Added by Acts 2010, c. 609, § 1, eff. Oct. 1, 2010; Acts 2010, c. 610, § 1, eff. Oct. 1, 2010.
MD Code, Real Property, § 14-505, MD REAL PROP § 14-505
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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