Md. Code, Hous. & Cmty. Dev. § 7-307
Md. Code, Hous. & Cmty. Dev. § 7-307
Maryland · Maryland Code, Housing and Community Development · Status: effective
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- Citation
- Md. Code, Hous. & Cmty. Dev. § 7-307, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1777553
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Full text
The person responsible for the closing of a real estate transaction shall file with the Department a written statement, made and signed by the owner under the penalties of perjury, that the transaction complies with this title, if the transaction includes:
(1) a sale or conveyance of an assisted project or the real property associated with it, and:
(i) is a protected action; or
(ii) occurred within 10 years after a protected action for which the owner failed to comply with this title; or
(2) a release of:
(i) a mortgage secured by an assisted project; or
(ii) a regulatory agreement or other document executed in connection with the mortgage that restricts the income levels of the tenants or the rental rates of the assisted project.