A. The following entities may register with the Secretary at any time, including after a notice of intent and owner’s offer of right of first purchase have been sent to the Secretary, to receive owners’ offers of first purchase by sending a written request to the Secretary:
- (1) Any legally organized tenant association or other group representing any of the tenants at any assisted project;
- (2) Any nonprofit developer; and
- (3) Any other developer unrelated to the owner and experienced in the ownership or operation of low income housing projects.
- B. On receipt of an owner’s offer of right of first purchase, the Director shall provide the owner with a list of all entities registered under this regulation.
- C. Not later than 10 days after the owner receives the list of entities registered to receive a copy of the offer, the owner shall send by certified mail, return receipt requested, the owner’s offer to any person or entity on the registration list.
Authority: Housing and Community Development Article, §§7-101—7-501, Annotated Code of Maryland
Effective date: April 18, 2011 (38:8 Md. R. 505)