Code of Maryland Regulations
Title 01 - EXECUTIVE DEPARTMENT
Subtitle 02 - SECRETARY OF STATE
Chapter 01.02.06 - Condominiums and Cooperatives: Income Eligibility
Section 01.02.06.01 - Income Eligibility Figures Applicable to Condominium Conversions in Maryland
Universal Citation: MD Code Reg 01.02.06.01
Current through Register Vol. 51, No. 19, September 20, 2024
A. Pursuant to the provisions of the Real Property Article, §11-137, Annotated Code of Maryland, and Corporations and Associations Article, § 5-6 B-07, income eligibility figures have been prepared to assist in the determination of "designated households" within the meaning of these sections.
B. A county or incorporated municipality which is located within a Standard Metropolitan Statistical Area (SMSA) may, by ordinance or resolution, adopt the income eligibility figure applicable to the county or to the SMSA.
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