clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1975
Volume 716, Page 5287   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

5287
MONTGOMERY COUNTY

costs be included in annual operating expenses for
purposes of determining the need for a rent increase.
Notwithstanding the foregoing, the amount of such costs
included in annual operating expenses for purposes of
determining the need for a rent increase shall not exceed
ten percent (10%) of the gross potential rent.

(b) Tax increases or decreases due to
changes in the assessment of the property by the Maryland
State Department of Assessments and Taxation shall not be
considered as factors relevant to proposed rent increases
except (1) that, upon an explicit finding by the
Executive Director or the Commission that all or a
portion of the assessment increase represented a
correction of a prior undervaluation of the property
rather than an increase in market value during the period
between assessments, the portion of the assessment
increase that is due to such correction may be considered
as a relevant increase in the expenses of the landlord;
and (2) that the portion of an assessment increase that
is due to such capital improvement or major
rehabilitation as have been determined to meet the
criteria of subsection a of this Section may be
considered as a relevant increase in the expenses of the
landlord.

29—57. Continuing rent stabilization.

a.    Rent which has been increased pursuant
to subsection 29-51a may not be increased again pursuant
to that subsection for a period of twelve (12) months.
However, rent which has been increased pursuant to
subsection 29—51a may be increased again pursuant to
subsection 29—51b at any time subsequent to the effective
date of the increase authorized by subsection 29—51a.

b.    An increased rent approved pursuant to
subsection 29—51b or the procedures delineated in that
subsection, regardless of the amount of the increase
approved, may not be increased again pursuant to that
subsection for a period of twelve (12) months from the
effective date of the increase; provided, however, if the
rent was increased pursuant to the provision of
subsection 29—51a within the twelve (12) month period
immediately preceding the effective date of the increase
approved pursuant to subsection 29—51b the increase
pursuant to subsection 29—51b, shall be for a period of
twelve (12) months from the effective date of the
increase taken pursuant to subsection 29—51a or six (6)
months from the effective date of the increase approved
pursuant to subsection 29—51b, whichever period last
expires.

c.    Rent which has been increased pursuant

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1975
Volume 716, Page 5287   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives