HARRY HUGHES, Governor

2953

Due to the 20 percent limitation your application for an
extended lease must be processed prior to your lease becoming
final. Your lease will become final if it is determined that
your household is qualified and falls within the 20 percent
limitation.

If you return the enclosed form and lease by

................(Date) you will be notified within 75 days of the

date of this notice, or in other words, by ..............(Date),

whether you are qualified and whether your household falls within
the 20 percent limitation.

You may apply for an extended lease and, at the same time,
choose to purchase your unit. If you apply for and receive an
extended lease, your purchase contract will be void. If you do
not receive an extended lease, your purchase contract will be
effective and you will be obligated to buy your unit.

If you qualify for an extended lease, but due to the 20
percent limitation, your lease is not finalized, the developer
must pay you an amount equal to 3 months rent within 15 days
after you move. You are also entitled to up to $750
reimbursement for your moving expenses, as described in Section
1.

If you qualify for an extended lease, but do not want one,
you are also entitled to both the moving expense reimbursement
previously described, and the payment equal to 3 months' rent.
In order to receive the 3 month rent payment, you must complete
and return the enclosed form within 60 days of the date of this

notice or by ............(Date), but you should not execute the

enclosed lease.

All application forms, executed leases, and moving expense
requests should be addressed or delivered to:

11-136.

(a) (1) An owner required to give notice under § 11-102.1
shall offer in writing to each tenant entitled to receive that
notice the right to purchase that portion of the property
occupied by the tenant as his residence. The offer shall be at a
price and on terms and conditions at least as favorable as the
price, terms, and conditions offered for that portion of the
property to any other person during the 180 day period following
the giving of the notice required by § 11-102.1. Settlement
cannot be required any earlier than 120 days after the offer is
accepted by the tenant.