2976

LAWS OF MARYLAND

Ch. 843

(G)(F) (1) WITHIN 45 DAYS AFTER THE END OF THE
TENANCY, THE PARK OWNER SHALL RETURN THE SECURITY DEPOSIT TO
THE RESIDENT TOGETHER WITH SIMPLE INTEREST WHICH HAS ACCRUED
IN THE AMOUNT OF 3 4 PERCENT PER ANNUM LESS ANY DAMAGES
RIGHTFULLY WITHHELD.

(2)  INTEREST SHALL ACCRUE AT 6-MONTH INTERVALS
FROM THE DAY THE RESIDENT GIVES THE PARK OWNER THE SECURITY
DEPOSIT. INTEREST IS NOT COMPOUNDED.

(3)  INTEREST SHALL BE PAYABLE ONLY ON SECURITY
DEPOSITS OF $50 OR MORE.

(4)  IF THE PARK OWNER, WITHOUT A REASONABLE
BASIS, FAILS TO RETURN ANY PART OF THE SECURITY DEPOSIT,
PLUS ACCRUED INTEREST, WITHIN 45 DAYS AFTER THE TERMINATION
OF THE TENANCY, THE RESIDENT HAS AN ACTION OF UP TO
THREEFOLD OF THE WITHHELD AMOUNT, PLUS REASONABLE ATTORNEY'S
FEES.

(H) (G) (1) THE SECURITY DEPOSIT, OR ANY PORTION
THEREOF MAY BE WITHHELD FOR UNPAID RENT DAMAGE DUE TO BREACH
OF THE RENTAL AGREEMENT OR FOR DAMAGE TO THE LEASED PREMISES
BY THE RESIDENT, HIS FAMILY, AGENTS, EMPLOYEES, OR SOCIAL
GUESTS IN EXCESS OF ORDINARY WEAR AND TEAR.

(2) THE RESIDENT HAS THE RIGHT TO BE PRESENT
WHEN THE PARK OWNER OR HIS AGENT INSPECTS THE PREMISES IN
ORDER TO DETERMINE IF ANY DAMAGE WAS DONE TO THE PREMISES,
IF THE RESIDENT NOTIFIES THE PARK OWNER IN WRITING OF HIS
INTENTION TO MOVE, THE DATE OF MOVING AND HIS NEW ADDRESS.
THE NOTICE TO BE FURNISHED BY RESIDENT TO THE PARK OWNER
SHALL BE MAILED AT LEAST 15 DAYS PRIOR TO THE DATE OF
MOVING. UPON RECEIPT OF THE NOTICE, THE PARK OWNER SHALL
NOTIFY THE RESIDENT IN WRITING OF THE TIME AND DATE WHEN THE
PREMISES ARE TO BE INSPECTED. THE DATE OF INSPECTION SHALL
OCCUR WITHIN 5 DAYS AFTER THE MOVING AS DESIGNATED IN THE
RESIDENT'S NOTICE. THE RESIDENT SHALL BE ADVISED OF HIS
RIGHTS UNDER THIS SUBSECTION IN WRITING WHICH MAY BE
INCLUDED IN THE RENTAL AGREEMENT AT THE TIME OF HIS PAYMENT
OF THE SECURITY DEPOSIT. FAILURE BY THE PARK OWNER TO
COMPLY WITH THIS REQUIREMENT FORFEITS THE RIGHT OF THE PARK
OWNER TO WITHHOLD ANY PART OF THE SECURITY DEPOSIT FOR
DAMAGES.

SUBTITLE 11. EVICTION OF RESIDENT - PARK OWNERS REMEDIES

8A-1101.

(A) A PARK OWNER MAY ONLY EVICT A RESIDENT FOR:

(1)  NONPAYMENT OF RENT.

(2)  VIOLATIONS: