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§ 8-227. Assessment as rezoned real property

West's Annotated Code of MarylandTax-Property

West's Annotated Code of Maryland
Tax-Property
Title 8. Valuation and Assessment
Subtitle 2. Assessment Procedures
Part II. Use Assessments
MD Code, Tax - Property, § 8-227
§ 8-227. Assessment as rezoned real property
Currentness
In general
(a)(1) For property to be assessed as rezoned real property under this section and §§ 8-226 and 8-228 of this subtitle:
(i) the homeowner shall apply to the supervisor on or before April 1 of the taxable year preceding the taxable year for which the use assessment is sought; and
(ii) the application shall establish to the satisfaction of the Department that the property is rezoned real property.
(2) For good cause the Department may accept an application after April 1 but on or before May 1 of the taxable year preceding the taxable year for which the use assessment is sought.
(3) The county shall assist in the verification of the initiation of zoning changes that occurred prior to July 1, 1990.
Assessment based on residential use
(b)(1) Rezoned real property shall be assessed based upon its residential use and not upon a use allowed under a commercial or industrial zoning classification.
(2) Rezoned real property shall be treated as residential real property for property assessment purposes, including the grant of property tax credits or other benefits provided under this article or local law.
Regulations
(c) The Department shall adopt regulations to carry out the residential use assessment provided under this section and §§ 8-226 and 8-228 of this subtitle.
Notice to homeowners
(d) The Department shall give notice to homeowners of properties that have been rezoned to a commercial or industrial classification of the possible residential use assessment provided under this section and §§ 8-226 and 8-228 of this subtitle. The notice shall include any information needed to convey:
(1) eligibility requirements;
(2) filing deadlines;
(3) applicable limitations; and
(4) contact information for application forms.
Written notification of eligibility
(e) The Department shall notify an applicant in writing if the applicant is not eligible for the residential use assessment.

Credits

Added by Acts 1990, c. 226; Acts 1990, c. 227.
MD Code, Tax - Property, § 8-227, MD TAX PROPERTY § 8-227
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.
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