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Session Laws, 2005
Volume 752, Page 1232   View pdf image
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Ch. 229 2005 LAWS OF MARYLAND
(B)     IN ADDITION TO THE INFORMATION REQUIRED UNDER SUBSECTION (A)
OF THIS SECTION, AN ENVIRONMENTAL COVENANT MAY CONTAIN OTHER
INFORMATION, RESTRICTIONS, AND REQUIREMENTS AGREED TO BY THE PERSONS
WHO SIGNED IT, INCLUDING ANY: (1)      REQUIREMENTS FOR NOTICE FOLLOWING TRANSFER OF A
SPECIFIED INTEREST IN, OR CONCERNING PROPOSED CHANGES IN USE OF,
APPLICATIONS FOR BUILDING PERMITS OR PROPOSALS FOR ANY SITE WORK
AFFECTING THE CONTAMINATION ON THE PROPERTY SUBJECT TO THE COVENANT; (2)      REQUIREMENTS FOR PERIODIC REPORTING DESCRIBING
COMPLIANCE WITH THE COVENANT; (3)      RIGHTS OF ACCESS TO THE PROPERTY GRANTED IN CONNECTION
WITH IMPLEMENTATION OR ENFORCEMENT OF THE COVENANT; (4)      BRIEF NARRATIVE DESCRIPTIONS OF THE CONTAMINATION AND
REMEDY, INCLUDING THE CONTAMINANTS OF CONCERN, THE PATHWAYS OF
EXPOSURE, LIMITS ON EXPOSURE, AND THE LOCATION AND EXTENT OF THE
CONTAMINATION; (5)      LIMITATIONS ON AMENDMENT OR TERMINATION OF THE COVENANT
IN ADDITION TO THOSE PROVIDED UNDER §§ 1-808 AND 1-809 OF THIS SUBTITLE; AND (6)      RIGHTS OF THE HOLDER IN ADDITION TO THE HOLDER'S RIGHT TO
ENFORCE THE COVENANT UNDER § 1-810 OF THIS SUBTITLE. (C)     IN ADDITION TO OTHER CONDITIONS FOR THE AGENCYS APPROVAL OF AN
ENVIRONMENTAL COVENANT, THE AGENCY MAY REQUIRE THOSE PERSONS
SPECIFIED BY THE AGENCY WHO HAVE INTERESTS IN THE REAL PROPERTY TO SIGN
THE COVENANT. 1-803. (A)    (1) ANY PERSON, INCLUDING A PERSON THAT OWNS AN INTEREST IN
THE REAL PROPERTY, THE AGENCY, OR MUNICIPALITY OR OTHER UNIT OF LOCAL
GOVERNMENT, MAY BE A HOLDER OF AN ENVIRONMENTAL COVENANT. (2) AN ENVIRONMENTAL COVENANT MAY IDENTIFY MORE THAN ONE
HOLDER. (B) (1) THE INTEREST OF A HOLDER OF AN ENVIRONMENTAL COVENANT IS
AN INTEREST IN REAL PROPERTY. (2) A RIGHT OF AN AGENCY UNDER THIS SUBTITLE OR UNDER AN
ENVIRONMENTAL COVENANT, OTHER THAN A RIGHT AS A HOLDER, IS NOT AN
INTEREST IN REAL PROPERTY. (C)   (1) AN AGENCY IS BOUND BY ANY OBLIGATION IT ASSUMES IN AN
ENVIRONMENTAL COVENANT, BUT AN AGENCY DOES NOT ASSUME OBLIGATIONS
MERELY BY SIGNING AN ENVIRONMENTAL COVENANT.
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Session Laws, 2005
Volume 752, Page 1232   View pdf image
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