2023 Maryland Statutes › Economic Development › Division II - Independent and Regional Development Units and Resources › Title 10 - Statewide Development Resources and Revenue Authorities › Subtitle 1 - Maryland Economic Development Corporation › Section 10-131 - Student Housing -- Applications and Occupancy Agreements -- Requirements

(a)    (1)    In this section the following words have the meanings indicated.
(2)    “Corporation student housing project” means housing that is:
(i)    a residence hall, dormitory, or other housing units established under this subtitle;
(ii)    owned or operated by the Corporation; and
(iii)    on land leased by the Corporation from the University System of Maryland.
(3)    “Occupancy agreement” means a lease, license, or housing contract for any Corporation student housing project.
(b)    (1)    An institution of higher education that leases land to the Corporation for the purpose of providing student housing shall provide the following information when a student applies to be a resident of either a Corporation student housing project or a residence hall that is owned by the institution of higher education:
(i)    the names of all residences that a student may occupy;
(ii)    an indication of those residences that are Corporation student housing projects; and
(iii)    in plain language, a differentiation of the implications of the following required occupancy agreement provisions for students living in Corporation student housing projects compared to students living in residence halls that are owned by the institution of higher education:
1.    termination;
2.    force majeure;
3.    parties to the agreement; and
4.    start and end dates to the occupancy period.
(2)    The information required under paragraph (1)(iii) of this subsection shall include a statement that:
(i)    Corporation student housing projects are not owned or operated by the institution of higher education;
(ii)    the occupancy agreement that is required prior to taking possession of a unit in a Corporation student housing project is an agreement between the Corporation and the student and not between the student and the institution of higher education; and
(iii)    explains the student’s liability for rental payments if the student voluntarily or involuntarily vacates the Corporation student housing project.
(c)    (1)    An occupancy agreement between the Corporation and a student living in a Corporation student housing project shall:
(i)    indicate each reference to the Corporation in bold type;
(ii)    state that the Corporation is the owner of the Corporation student housing project;
(iii)    provide contact information for the management company of the Corporation student housing project; and
(iv)    in plain language, provide a differentiation of the implications of the following required occupancy agreement provisions for students living in Corporation student housing projects compared to students living in residence halls that are owned by the institution of higher education:
1.    termination;
2.    force majeure;
3.    parties to the agreement; and
4.    start and end dates to the occupancy period.
(2)    The information required under paragraph (1)(iv) of this subsection shall include a statement that:
(i)    Corporation student housing projects are not owned or operated by the institution of higher education;
(ii)    the occupancy agreement that is required prior to taking possession of a unit in a Corporation student housing project is an agreement between the Corporation and the student and not between the student and the institution of higher education; and
(iii)    explains the student’s liability for rental payments if the student voluntarily or involuntarily vacates the Corporation student housing project.