|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
114
|
|
|
|
|
|
LAWS OF MARYLAND
|
|
Ch. 8
|
|
|
|
|
|
|
|
|
|
|
|
|
intend to move, you will not have the right to remain in your
residence beyond that date.
Section 2
Right to 3 year lease extension or 3 month rent payment
for certain handicapped citizens and senior citizens
The developer who converts this rental facility to a
condominium must offer extended leases to qualified households
for up to 20 percent of the units in the rental facility.
Households which receive extended leases will have the right to
continue renting their residences for at least 3 years from the
date of this notice. A household may cancel an extended lease by
giving 3 months' written notice if more than 1 year remains on
the lease, and 1 month's written notice if less than 1 year
remains on the lease.
Rents under these extended leases may only be increased once
a year and are limited by increases in the cost of living index.
Read the enclosed lease to learn the additional rights and
responsibilities of tenants under extended leases.
In determining whether your household qualifies for an
extended lease, the following definitions apply:
(1) "Handicapped citizen" means a person with a
measurable limitation of mobility due to congenital defect,
disease, or trauma.
(2) "Senior citizen" means a person who is at least
62 years old on the date of this notice.
(3) "Annual income" means the total income from all
sources for all present members of your household for the income
tax year 'immediately preceding the year in which this notice is
issued. Total income means the same as "gross income" as defined
in Article 81, § 12F-1(A)(6) of the Annotated Code of Maryland.
To qualify for an extended lease you must meet ail of the
following criteria:
(1) A member of the household must be a handicapped
citizen or a senior citizen and must be living in your unit as of
the date of this notice and must have been a member of your
household for at least 12 months preceding the date of this
notice; and
(2) Annual income for all present members of your
household must not have exceeded ............(80 percent of
applicable median income) for 19....; and
(3) You must be current in your rental payments and
otherwise in good standing under your existing lease.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
