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Session Laws, 1989
Volume 771, Page 1768   View pdf image
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Ch. 96

LAWS OF MARYLAND

(III)  FINANCIAL INFORMATION RELATING TO THE
ASSISTED PROJECT, AS REQUIRED BY THE DEPARTMENT AND BASED ON
EXISTING FINANCIAL DATA RETAINED BY THE OWNER, FOR THE 5 3
YEARS IMMEDIATELY PRECEDING THE DATE OF THE NOTICE OF INTENT; AND

(IV)  TO THE EXTENT REASONABLY AVAILABLE, A LIST
OF ALL HOUSEHOLDS FOR WHICH THE HOUSEHOLD'S LEASE AT THE ASSISTED
PROJECT WAS TERMINATED DURING THE 180 DAYS BEFORE THE NOTICE OF
INTENT.

(D) THE NOTICE OF INTENT TO BE SENT TO EACH ASSISTED
HOUSEHOLD SHALL CONTAIN A BRIEF SUMMARY OF THE PROTECTED ACTION,
AND SHALL INCLUDE:

(1)  A BRIEF STATEMENT REGARDING THE EXPECTED IMPACT
OF THE PROTECTED ACTION ON RENTS AND THE EXISTING ASSISTED
HOUSEHOLD'S CONTINUED OCCUPANCY FOR A PERIOD OF 5 YEARS FOLLOWING
THE ACTION;

(2)  A SUMMARY STATEMENT OF THE ASSISTED HOUSEHOLD'S
RIGHTS AND OBLIGATIONS UNDER THIS TITLE;

(3)  NOTICE THAT THE LOCAL JURISDICTIONS, ANY PUBLIC
HOUSING AUTHORITY, AND THE DEPARTMENT MAY HAVE ADDITIONAL
INFORMATION REGARDING THE ANTICIPATED PROTECTED ACTION AND
SOURCES OF TECHNICAL ASSISTANCE AND FINANCING FOR THE EXERCISE OF
ANY RIGHT OF FIRST PURCHASE UNDER THIS TITLE;

(4)  THE NAME, ADDRESS, AND PHONE NUMBER OF THE
OWNER'S AGENT TO WHOM THE ASSISTED HOUSEHOLD MAY APPLY FOR TENANT
PROTECTION ASSISTANCE UNDER THIS TITLE; AND

(5)  ANY OTHER INFORMATION DEEMED NECESSARY BY THE
SECRETARY TO EFFECTUATE THE PURPOSES OF THIS TITLE.

9-104.

(A) AN OWNER OF AN ASSISTED PROJECT MAY NOT TAKE ANY
PROTECTED ACTION, UNLESS:

(1)  THE OWNER HAS PROVIDED ALL TENANT PROTECTION
ASSISTANCE UNDER THIS TITLE; AND

(2)  PRIOR TO ANY SALE OR CONVEYANCE OF AN ASSISTED
PROJECT WHICH CONSTITUTES A PROTECTED ACTION, THE OWNER SHALL
OFFER HAS OFFERED THE RIGHT OF FIRST PURCHASE OF THE ASSISTED
PROJECT IN ACCORDANCE WITH THIS SECTION AND, AS APPLICABLE, §
9-105(1) OF THIS TITLE, PRIOR TO ANY SALE OR CONVEYANCE OF AN
ASSISTED PROJECT WHICH:

(I) CONSTITUTES A PROTECTED ACTION; OR

- 1768 -

 

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Session Laws, 1989
Volume 771, Page 1768   View pdf image
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