3246                                           LAWS OF MARYLAND                                       Ch. 833

HOUSEHOLD VACATES THE UNIT AND REIMBURSE THE HOUSEHOLD FOR MOVING
EXPENSES IN EXCESS OF $375 UP TO $750 WHICH ARE ACTUALLY AND
REASONABLY INCURRED; OR

(II) IF THE HOUSEHOLD DOES NOT QUALIFY AS TO
INCOME UNDER § 5-6B-07 OF THIS SUBTITLE, REIMBURSE THE HOUSEHOLD
FOR MOVING EXPENSES UP TO $750 WHICH ARE ACTUALLY AND REASONABLY
INCURRED.

(2) THE HOUSEHOLD SHALL MAKE A WRITTEN REQUEST FOR
MOVING EXPENSE REIMBURSEMENT TO THE DEVELOPER, ACCOMPANIED BY
REASONABLE EVIDENCE OF THE COSTS INCURRED, WITHIN 30 DAYS AFTER
MOVING. THE DEVELOPER SHALL REIMBURSE THE HOUSEHOLD WITH 30 DAYS
FOLLOWING RECEIPT OF THE REQUEST.

5-6B-07.

(A)(1) AN OWNER REQUIRED TO GIVE NOTICE UNDER § 5-6B-05 OF
THIS SUBTITLE SHALL OFFER IN WRITING TO EACH TENANT ENTITLED TO
RECEIVE THAT NOTICE THE RIGHT TO PURCHASE THE COOPERATIVE
INTEREST WHICH IS COUPLED WITH THE PROPRIETARY LEASE FOR THAT
PORTION OF THE RESIDENTIAL RENTAL FACILITY OCCUPIED BY THE TENANT
AS THE TENANT'S 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 THE COOPERATIVE INTEREST WHICH IS
COUPLED WITH THE PROPRIETARY LEASE FOR THAT PORTION OF THE
RESIDENTIAL RENTAL FACILITY TO ANY OTHER PERSON DURING THE
190-DAY PERIOD FOLLOWING THE GIVING OF THE NOTICE REQUIRED BY §

5-6B-05 OF THIS SUBTITLE. SETTLEMENT CANNOT BE REQUIRED ANY

EARLIER THAN 120 DAYS AFTER THE OFFER IS ACCEPTED BY THE TENANT.

(2) THE OFFER TO EACH TENANT SHALL BE MADE

CONCURRENTLY WITH THE GIVING OF THE NOTICE REQUIRED BY § 5-6B-05
OF THIS SUBTITLE, SHALL BE A PART OF THAT NOTICE, AND SHALL STATE
THAT:

(I) THE OFFER WILL TERMINATE UPON THE EARLIER
TO OCCUR OF TERMINATION OF THE LEASE BY THE TENANT OR 60 DAYS
AFTER DELIVERY;

(II) ACCEPTANCE OF THE OFFER BY A TENANT WHO

MEETS THE CRITERIA FOR AN EXTENDED LEASE UNDER § 5-6B-07(B) OF
THIS SUBTITLE IS CONTINGENT UPON THE TENANT NOT RECEIVING AN
EXTENDED LEASE;

(III) SETTLEMENT CANNOT BE REQUIRED EARLIER
THAN 120 DAYS AFTER ACCEPTANCE BY THE TENANT; AND

(IV) THE HOUSEHOLD IS ENTITLED TO REIMBURSEMENT
FOR MOVING EXPENSES AS PROVIDED IN SUBSECTION (H).

(3) DELIVERY OF A NOTICE IN THE FORM SPECIFIED IN §
5-6B-05(F) OF THIS SUBTITLE MEETS THE REQUIREMENTS OF SUBSECTION
(A) OF THIS SECTION.