Question

carlos is a real estate developer looking to establish a condominium regime on a property owned by an affordable housing land trust. which bill authorizes him to do so?
hb 844: housing and community development – common ownership community website
sb 199: residential property – affordable housing land trusts – authority to establish condominium regimes
sb 665: maryland condominium act – amendments to the declaration
hb 1227: condominiums – mandatory insurance coverage – detached units

Explanation:

We need to find the bill that authorizes a real estate developer (Carlos) to establish a condominium regime on a property owned by an affordable housing land trust. By analyzing the descriptions of each bill:

• HB 844 is about a common ownership community website, not related to establishing a condominium regime for affordable housing land trusts.
• SB 199 is titled "Residential Property – Affordable Housing Land Trusts – Authority to Establish Condominium Regimes", which directly matches the requirement.
• SB 665 is about amendments to the Maryland Condominium Act's declaration, not about the authority for affordable housing land trusts to establish condominium regimes.
• HB 1227 is about mandatory insurance coverage for detached condominium units, not related to the authority to establish a condominium regime for affordable housing land trusts.

Answer:

B. SB 199: Residential Property – Affordable Housing Land Trusts – Authority to Establish Condominium Regimes