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Ch. 305 2007 Laws of Maryland
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(a) (1) In addition to payment otherwise authorized, a displacing agency
shall make an additional payment not in excess of [$22,500] $45,000 to any displaced
person who is displaced from a dwelling actually owned and occupied by the displaced
person for not less than 180 days prior to the initiation of negotiations for the
acquisition of the real property.
(2) (i) The displacing agency may exceed the monetary limit stated
in paragraph (1) of this subsection on a case-by-case basis if it determines that
comparable housing cannot otherwise be made available within the limit: or
(ii) The displacing agency may use any other measures
necessary to remedy the unavailability of comparable housing.
(b) The additional payments shall include the following elements:
(1) Any amount which when added to the acquisition cost of the
dwelling acquired by the displacing agency, equals the reasonable cost of a comparable
replacement dwelling as defined in § 12-201(d) of this subtitle.
(2) Any amount which will compensate the displaced person for any
increased interest costs and other debt service costs which the person is required to
pay for financing the acquisition of any comparable replacement dwelling. The amount
shall be paid only if the dwelling acquired by the displacing agency was encumbered
by a bona fide mortgage which was a valid lien on the dwelling for not less than 180
days prior to the initiation of negotiations for the acquisition of the dwelling. The
method of calculation shall be determined bv the lead agency.
(3) Reasonable expenses incurred bv the displaced person for evidence
of title, recording fees, and other closing costs incident to the purchase of the
replacement dwelling, but not including prepaid expenses.
12-204.
(a) In addition to amounts otherwise authorized bv this title and Title 8 of
the Transportation Article, the displacing agency shall make a payment to or for any
displaced person displaced from any dwelling and not eligible to receive a payment
under § 12-202 of this subtitle, if the dwelling actually and lawfully was occupied by
the displaced person for not less than 90 days before the initiation of negotiations for
acquisition of the dwelling or in any case in which displacement is not a direct result
of acquisition, such other activity as the lead agency shall prescribe.
(b) (1) (i) The payment shall be the amount necessary to enable the
person to lease or rent for a period not to exceed 42 months, a comparable replacement
dwelling, but not to exceed [$5,250] $10,500.
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