Transfers during a Lease
General Transfers during a Lease Articles
The condominium system of separate ownership of the individual units of multi-unit dwellings has become increasingly common since it was introduced in the United States in the 1950's. In Maryland, the owner of any property - an occupied apartment building as well as vacant, unimproved land - may subject that property to condominium ownership by following the procedure prescribed by law.
Laws passed in the wake of the foreclosure crisis beginning in 2008 give more protection to tenants in foreclosed properties.
Covers what happens when the property is sold, there is a tax sale, or the property is converted to a condominium.
A sublease is an agreement in which the original tenant leases to a subtenant all or part of the rented premises for all or part of the remainder of the original tenant's term.