Residential Ground Leases - Redemption and Extinguishment - Requirements
Sponsor: Charles E. Sydnor, III (District 44)Committee: Judicial ProceedingsSubject: Real PropertyStatus: Approved by the Governor - Chapter 182 (as of Nov 9, 2023)
What this bill does
Official synopsis
Repealing the prohibition against a tenant who is seeking to redeem or extinguish ground rent providing certain documentation and payments to the State Department of Assessments and Taxation earlier than 90 days after an application for redemption or extinguishment has been posted on the Department's website.
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Testimony (7)
MGA witness listFAV 7Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Wilpone-Welborn, Kira | Consumer Protection Division of the Maryland Office of the Attorney General | Written (PDF) |
| FAV | Glaser, Jonathan | Dept. of Assessments & Taxation | Oral |
| FAV | Higgs, Director Michael | Dept. of Assessments & Taxation | Oral + Written (PDF) |
| FAV | Ahart, Jessi | Maryland Communities United | Position only |
| FAV | Sydnor III, Charles E. | Senator Charles E. Sydnor III | Written (PDF) |
| FAV | Carwell, Louise | Individual | Written (PDF) |
| FAV | Senator Sydnor, Senator Sydnorlegislator | Individual | Oral |