Maryland § 7-307
Full text of Maryland Maryland Code § 7-307, with citation guidance and answers to common questions.
§ 7-307.
The person responsible for the closing of a real estate transaction shall file with the Department a written statement, made and signed by the owner under the penalties of perjury, that the transaction complies with this title, if the transaction includes:
(1) a sale or conveyance of an assisted project or the real property associated with it, and:
(i) is a protected action; or
(ii) occurred within 10 years after a protected action for which the owner failed to comply with this title; or
(2) a release of:
(i) a mortgage secured by an assisted project; or
(ii) a regulatory agreement or other document executed in connection with the mortgage that restricts the income levels of the tenants or the rental rates of the assisted project.
Frequently Asked Questions About Maryland § 7-307
What does Maryland Code § 7-307 cover?
Section 7-307 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 7-307?
A common citation format is "Maryland Code § 7-307" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 7-307 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.