Md. Code, Real. Prop. § 8-801

Current with changes from the 2024 Legislative Session
Section 8-801 - Definitions
(a) In this subtitle the following words have the meanings indicated.
(b) "Department" means the State Department of Assessments and Taxation.
(c) "Ground lease" means a residential lease or sublease for a term of years renewable forever subject to the payment of a periodic ground rent.
(d)
(1) "Ground lease holder" means the holder of the reversionary interest under a ground lease.
(2) "Ground lease holder" includes an agent of the ground lease holder.
(e) "Ground rent" means a rent issuing out of, or collectible in connection with, the reversionary interest under a ground lease.
(f) "Leasehold interest" means the tenancy in real property created under a ground lease.
(g) "Leasehold tenant" means the holder of the leasehold interest under a ground lease.

Md. Code, RP § 8-801

Amended by 2023 Md. Laws, Ch. 185, Sec. 1, 2, eff. 10/1/2023.
Amended by 2023 Md. Laws, Ch. 184, Sec. 1, 2, eff. 10/1/2023.
Amended by 2023 Md. Laws, Ch. 183, Sec. 2, eff. 10/1/2023.
Amended by 2023 Md. Laws, Ch. 182, Sec. 2, eff. 10/1/2023.
Amended by 2020 Md. Laws, Ch. 442, Sec. 1, eff. 10/1/2020.
Amended by 2020 Md. Laws, Ch. 441, Sec. 1, eff. 10/1/2020.
Added by 2015 Md. Laws, Ch. 428, Sec. 2, eff. 7/1/2015.