(a) A ground lease holder shall register a ground lease with the Department by submitting a registration form that the Department requires.
Contents of registration form
(b) The registration form shall include:
(1) The premise address and tax identification number of the property for which the ground lease was created;
(2)(i) The name and address of the ground lease holder; and
(ii) A section that provides the ground lease holder the option to include the ground lease holder's telephone number and e-mail address;
(3) The name and address of the leasehold tenant;
(4) The name and address of the person to whom the ground rent payment is sent;
(5) The amount and payment dates of the ground rent installments;
(6) To the best of the ground lease holder's knowledge, a statement of the range of years in which the ground lease was created; and
(7) The liber and folio information for the current ground rent deed of record.
Reporting form for changes or corrections to ground lease registration
(c) The reporting form for changes or corrections to a ground lease registration shall include a section that provides the ground lease holder the option to include the ground lease holder's telephone number and e-mail address.
Credits
Added by Acts 2007, c. 290, § 1, eff. Oct. 1, 2007. Amended by Acts 2012, c. 464, § 1, eff. July 1, 2012; Acts 2012, c. 465, § 1, eff. July 1, 2012; Acts 2017, c. 542, § 1, eff. Oct. 1, 2017; Acts 2020, c. 94, § 1, eff. Oct. 1, 2020.
MD Code, Real Property, § 8-704, MD REAL PROP § 8-704
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
