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Statutes Text

Article - Real Property




§8A–1806.

    (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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