Ch. 5

LAWS OF MARYLAND

shall be allocated by the developer based on seniority by
continuous length of residence.

Due to the 20 percent limitation your application for an
extended lease must be processed before your lease becomes
effective. Your lease will become effective 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 after 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 a cooperative interest. If you apply for and
receive an extended lease, your contract will be void. If you do
not receive an extended lease, your contract will be effective
and you will be obligated to purchase a cooperative interest.

If you qualify for an extended lease, but due to the 20
percent limitation, your lease is not effective, 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 months' rent payment, you must complete
and return the enclosed form within 60 days after the date of

this notice or by ............ (date), but you should not execute

the enclosed lease.

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

DRAFTER'S NOTE:

Error: Obsolete cross-reference in § 5-6B-05(f) of
the Corporations and Associations Article.

Occurred: As a result of Ch. 154, Acts of 1987, which
renumbered § 9-104(a)(7) of the Tax - Property
Article.

5-6B-07.

- 1018 -