Md. Code, Real Property § 14-504
This is the official text of Md. Code, Real Property § 14-504, part of Maryland’s Code, Real Property — governs real estate transactions and landlord-tenant law.
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§14–504.
Official statutory text
In accordance with this subtitle, an affordable housing land trust may:
(1) Acquire residential real property;
(2) Acquire an interest in property for the construction of residential real property;
(3) Make improvements on residential real property;
(4) Enter into affordable housing land trust agreements with persons who meet the criteria set out in this subtitle and any other criteria as established in the affordable housing land trust agreement for the transfer of an interest in residential real property; and
(5) Engage in other activities related to the sale, leasing, management, maintenance, and preservation of properties under the control of the affordable housing land trust.
(1) Acquire residential real property;
(2) Acquire an interest in property for the construction of residential real property;
(3) Make improvements on residential real property;
(4) Enter into affordable housing land trust agreements with persons who meet the criteria set out in this subtitle and any other criteria as established in the affordable housing land trust agreement for the transfer of an interest in residential real property; and
(5) Engage in other activities related to the sale, leasing, management, maintenance, and preservation of properties under the control of the affordable housing land trust.
Status: in_force · Read it on the official government site
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