MD Laws Impacting Property Management and Common Interest Communities

Key Points: Laws Impacting Property Management and Common Interest Communities For nonmaterial changes to a common interest community’s governing documents, if the lender does not object within 60 days, it may be assumed that the lender granted consent. Governing document changes impacting the value of the underlying collateral, lien priority, and holder’s rights require express…

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MD Laws Impacting Affordable Housing and Property Tax Credits

Key Points: MD Laws Impacting Affordable Housing and Property Tax Credits The mayor and city council of Baltimore City or the governing authority of the taxing locality may continue to provide the tax credit to the surviving spouse of a disabled veteran. The amount of property tax credit a disabled veteran qualifies for depends on…

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Key Points: MD Laws Impacting Real Estate Brokerage and Contracts

Key Points: MD Laws Impacting Real Estate Brokerage and Contracts Below is an update provided for MD Real Estate Sales Person Continuing Education: Failure to disclose agency relationships is a violation of real estate law. The MREC website, a subsite of the Department of Labor’s site, offers information for both consumers and licensees. The Maryland…

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