Md. Code, Real Prop. § 8A-1806
Md. Code, Real Prop. § 8A-1806
Maryland · Maryland Code, Real Property · Status: effective
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- Citation
- Md. Code, Real Prop. § 8A-1806, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1786414
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Full text
(a) If a community owner willfully fails to comply with the requirements of this subtitle, the community owner shall be liable to the homeowners organization in the amount of $10,000.
(b) A purchaser who files an affidavit as required under § 8A–1803(a) of this subtitle is liable to the homeowners organization in the amount of $10,000 if the purchaser:
(1) Closes the manufactured housing community within 5 years after the date the purchase is finalized; or
(2) Increases the rent for a lot on the property by more than 10% per year in the first 3 years after the date the purchase is finalized.