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Ch. 171
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Martin O'Malley, Governor
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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:
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.......................
.......................
......................"
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11-136.
(a) (1) An owner required to give notice under § 11-102.1 of this title 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 of this title.
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 § 11-102.1 of this title, shall be a part of that notice, and
shall state at least the following:
(i) That the offer will terminate upon the earlier to occur of
termination of the lease by the tenant or 60 days after delivery;
(ii) That acceptance of the offer by a tenant who meets the
criteria for an extended lease under § 11-137(b) of this title is contingent upon the
tenant not receiving an extended lease;
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- 1349 -
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