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Maryland Code, Real Property § 8A-1806

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Real Property § 8A-1806 - last updated January 01, 2025 | https://codes.findlaw.com/md/real-property/md-code-real-prop-sect-8a-1806/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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