Irredeemable Ground Rents – Notice and Filing Requirements
Sponsor: Marvin E. Holmes, Jr. (District 23)Committee: Environment and TransportationSubject: Real PropertyStatus: Approved by the Governor - Chapter 326 (as of Nov 15, 2022)
What this bill does
Official synopsis
Requiring the online registry of properties subject to ground leases maintained by the State Department of Assessments and Taxation to include certain information; and requiring the holder of an irredeemable ground rent to file a renewal notice of intention to preserve irredeemability of the ground rent with the Department within a certain period of time.
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Testimony (7)
MGA witness listFAV 4FavorableINFO 3Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Wilpone-Welborn, Kira | Consumer Protection Division of the Maryland Office of the Attorney General | Written (PDF) |
| FAV | Wilpone-Welborn, Kira | Consumer Protection Division of the Maryland Office of the Attorney General | Written (PDF) |
| FAV | Delegate Holmes, Delegate Holmeslegislator | Individual | Oral |
| FAV | Delegate Holmes, Delegate Holmeslegislator | Individual | Oral |
| INFO | Holmes, Marvin | Delegate | Written (PDF) |
| INFO | Glaser, Jonathan | SDAT | Oral |
| INFO | Higgs, Director Michael | SDAT | Written (PDF) |