MD HB872

Clarifies that when an owner sells residential rental property to a third party, liability for failing to comply with tenant right of first refusal requirements attaches only to the owner personally, not to the property itself.

Changes existing law by replacing "tenant" with "third party" in the provision addressing post-closing liability, ensuring new third-party purchasers do not inherit compliance violations as property encumbrances.

Preserves existing tenant protections requiring owners to provide 30 days written notice before accepting third-party offers, allowing tenants to match the purchase price.

Takes effect October 1, 2025.