Md. Code, Real Property § 14-508
This is the official text of Md. Code, Real Property § 14-508, part of Maryland’s Code, Real Property — governs real estate transactions and landlord-tenant law.
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§14–508.
Official statutory text
The reversionary rights of an affordable housing land trust as set forth in the affordable housing land trust agreement are limited to provisions that relate to:
(1) The transfer of the property to a person who is not a party to the agreement or a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(2) The possession of the property by a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(3) The transfer of an interest in the property to a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(4) The waste, destruction, or abandonment of the property; or
(5) The failure to comply with any financial provision in the affordable housing land trust agreement.
(1) The transfer of the property to a person who is not a party to the agreement or a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(2) The possession of the property by a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(3) The transfer of an interest in the property to a person who does not meet the conditions set forth in the affordable housing land trust agreement;
(4) The waste, destruction, or abandonment of the property; or
(5) The failure to comply with any financial provision in the affordable housing land trust agreement.
Status: in_force · Read it on the official government site
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