THIS UNIT IS SUBJECT TO AND THE BUYER AGREES TO OBIDE BY ALL RULES AND REGULATIONS AS SET FORTH IN CHAPTER 13.5 OF THE CITY OF ROCKVILLE CODE MPDU ORDINANCE AND MPDU REGULATIONS:: OWNER MUST BE a FIRST TIME BUYER and OCCUPY THE UNIT AS A PRIMERY RESIDENCE FOR THE LENGHT OF the CONTROL PERIOD and CANNOT BE RENTED TO OTHERS.. THE CONTROL PERIOD FOR EACH UNIT IS 30 YEARS. NO INCOME RESTRICTIONS - If the unit is sold during this time, the owner must contact the city for the control price and follow the City's procedures for selling the unit. - For the first sale after the 30-year control period, the seller must split any excess profit with the City upon selling the unit at market-rate. Amazing condo unit in an amazing location. Step downstairs directly to the center of the town square. Surrounded by restaurants, shops, theater, pharmacy, groceries, Rockville public library. Conveniently located near Rockville Metro(Red Line) , Bus Lines and Rockville Pike (Rt 355). This is Spacious Two Bed/One Bathroom condo in the highly sought after Palladium at Rockville Town Square. Upgraded wood and Tile Flooring in the entire unit. High ceilings and plenty of natural light. Washer/dryer in unit. Large walk-in closet with built-in organizers. Conveniently located near Rockville Metro, Bus Lines and restaurants.
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