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Code · Maryland · Housing and Community Development

§ 7-210

108 words·~1 min read·/md/housing-and-community-development/7-210·

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§7–210.
(a)A political subdivision or a housing authority may exercise a right of first purchase under this subtitle and may develop, acquire, improve, own, operate, and manage a rental housing project acquired under the right of first purchase and do all things necessary or convenient to exercise these rights.
(b)In any rental housing project purchased under a right of first purchase under this subtitle and owned or managed by a housing authority authorized under Division II of this article, this subtitle supersedes:
(1)§§ 12-401, 12-402, and 12-405 of this article; and
(2)all otherwise applicable restrictions on tenant income under Division II of this article.
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