|
|
|
|
|
|
|
|
|
|
|
|
|
|
ROBERT L. EHRLICH, JR., Governor Ch. 451
|
|
|
|
|
|
|
|
|
(g) A designated household which exercises its rights under this section shall
not be denied an opportunity to buy a unit at a later date, if one is available.
(h) (1) A designated household which executes an extended lease under this
section which is accepted thereafter may not terminate its extended lease under §
11-102.1 of this title. A designated household may terminate its extended lease at any
time, with notice to the developer or any subsequent titleholder as follows:
(i) At least a 1-month notice in writing shall be given when less
than 12 months remain on the lease; and
(ii) At least a 3-month notice in writing shall be given when 12
months or more remain on the lease.
(2) Any lease executed under this section shall set forth the provisions
for termination contained in this subsection.
(i) The title to units subject to the provisions of this section may be granted to
a person who is not a member, of the designated household, provided that:
(1) The provisions of this section continue to apply despite any transfer
of title to a unit occupied by a designated household as provided in this section;
(2) The designated household is provided written notice of the change of
ownership of title by the new titleholder; and
(3) The vendor of any such unit provides the purchaser written
disclosure that the unit is occupied by a designated household subject to the
provisions of this section at the time of or prior to the execution of a contract of sale.
(j) The extended tenancy provided for in this section shall cease upon the
occurrence of any of the following:
(1) 90 days after the death of the last surviving senior citizen or
[handicapped citizen] INDIVIDUAL WITH A DISABILITY residing in the unit, or 90
days after the last senior citizen or [handicapped citizen] INDIVIDUAL WITH A
DISABILITY residing in the unit has moved from the unit;
(2) Eviction for failure to pay rent due in a timely fashion or violation of
a material term of the lease; or
(3) Voluntary termination of the lease by the designated household
under subsection (h) of this section.
(k) (1) A developer shall set aside a percentage of the total number of units
within a condominium for designated households. A developer is not required to grant
extended leases covering more than 20 percent of the units within a condominium to
designated households.
(2) (I) If the number of units occupied by designated households which
meet the criteria of subsection (b) of this section exceeds 20 percent, then the number
of available units for tenancy under the provisions of this section shall be allocated as
determined by the local governing body.
- 2337 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
