Section 7-215 - Extended leases for designated households - Sale or conveyance of assisted project.
§ 7-215. Extended leases for designated households - Sale or conveyance of assisted project.
If an assisted project includes a unit occupied by a designated household and the assisted project is sold or conveyed after a protected action:
(1) the provisions of this subtitle concerning extended leases continue to apply despite the sale or conveyance;
(2) the new landlord shall provide each designated household with written notice of the sale or conveyance; and
(3) on or before the execution of a contract of sale, the seller shall provide the purchaser with written disclosure of each unit occupied by a designated household subject to the provisions concerning extended leases for designated households.
[An. Code 1957, art. 83B, § 9-106(h); 2005, ch. 26, § 2.]