Current with changes from the 2024 Legislative Session
Section 8-704 - Registration of ground lease(a) A ground lease holder shall register a ground lease with the Department by submitting a registration form that the Department requires.(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.(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.Amended by 2020 Md. Laws, Ch. 94,Sec. 1, eff. 10/1/2020.Amended by 2017 Md. Laws, Ch. 542,Sec. 1, eff. 10/1/2017.