Maryland Statutes

§ 8A-1806

Maryland·Article grp Real Property·Title 8A
(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.

Free access — add to your briefcase to read the full text and ask questions with AI

Maryland § 8A-1806 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 8A-1001
§ 8A-1001
§ 8A-101
§ 8A-101
§ 8A-1101
§ 8A-1101
§ 8A-1102
§ 8A-1102
§ 8A-1201
§ 8A-1201
§ 8A-1301
§ 8A-1301
§ 8A-1501
§ 8A-1501
§ 8A-1502
§ 8A-1502
§ 8A-1601
§ 8A-1601
§ 8A-1701
§ 8A-1701
§ 8A-1702
§ 8A-1702
§ 8A-1703
§ 8A-1703
§ 8A-1801
§ 8A-1801
§ 8A-1802
§ 8A-1802
§ 8A-1803
§ 8A-1803
View on official source ↗