§ 8-701. Definitions
West's Annotated Code of MarylandReal PropertyEffective: October 1, 2007
Effective: October 1, 2007
MD Code, Real Property, § 8-701
§ 8-701. Definitions
(b) “Current ground rent deed of record” means the document that vests title to the reversionary interest in the current ground lease holder.
(d) “Ground lease” means a residential lease or sublease for a term of years renewable forever subject to the payment of a periodic ground rent.
(e)(1) “Ground lease holder” means the holder of the reversionary interest under a ground lease.
(f) “Ground rent” means a rent issuing out of, or collectible in connection with, the reversionary interest under a ground lease.
(g) “Leasehold interest” means the tenancy in real property created under a ground lease.
Credits
Added by Acts 2007, c. 290, § 1, eff. Oct. 1, 2007.
MD Code, Real Property, § 8-701, MD REAL PROP § 8-701
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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