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LAWS OF MARYLAND

Ch. 8

AN INTEREST OF A LIFE TENANT OR THE OWNER OF ANY OTHER
FREEHOLD ESTATE IN PROPERTY IS SUBJECT TO PROPERTY TAX AS THOUGH
THE PERSON IN POSSESSION OR THE USER OF THE PROPERTY WERE THE
OWNER OF THE PROPERTY.

(C)  SAME -- OTHER INTERESTS IN PERSONAL PROPERTY.

AN INTEREST OF THE MORTGAGOR, PLEDGOR, OR CONDITIONAL SALE
BUYER IN PERSONAL PROPERTY IS SUBJECT TO PROPERTY TAX AS THOUGH
THE PERSON IN POSSESSION OR THE USER OF THE PERSONAL PROPERTY
WERE THE OWNER OF THE PERSONAL PROPERTY.

(D)  SAME -- OTHER INTERESTS IN REAL PROPERTY.

THE FOLLOWING INTERESTS IN REAL PROPERTY ARE SUBJECT TO
PROPERTY TAX AS THOUGH THE PERSON IN POSSESSION OR THE USER OF
THE PROPERTY WERE THE OWNER OF THE PROPERTY:

(1)  AN INTEREST OF A TENANT UNDER A 99-YEAR LEASE,
WHETHER OR NOT THE LEASE IS RENEWABLE;

(2)  AN INTEREST OF A TENANT UNDER A LEASE FOR LESS
THAN 99 YEARS, IF THE LEASE IS PERPETUALLY RENEWABLE; AND

(3)  AN INTEREST OF A MORTGAGOR OR GRANTOR UNDER A
DEED OF TRUST.

(E)  SAME -- INTERESTS IN GOVERNMENT PROPERTY.

UNLESS EXEMPTED UNDER § 7-211 OR § 7-501 OF THIS ARTICLE,
THE INTEREST OR PRIVILEGE OF A PERSON IN PROPERTY THAT IS OWNED
BY THE FEDERAL, THE STATE, A COUNTY, OR A MUNICIPAL CORPORATION
GOVERNMENT, IS SUBJECT TO PROPERTY TAX AS THOUGH THE LESSEE OR
THE USER OF THE PROPERTY WERE THE OWNER OF THE PROPERTY, IF THE
PROPERTY IS LEASED OR OTHERWISE MADE AVAILABLE TO THAT PERSON:

(1)  BY THE FEDERAL, THE STATE, A COUNTY, OR MUNICIPAL
CORPORATION GOVERNMENT; AND

(2)  WITH THE PRIVILEGE TO USE THE PROPERTY IN
CONNECTION WITH A BUSINESS THAT IS CONDUCTED FOR PROFIT.

REVISOR'S NOTE: This section is new language derived
without substantive change from the introductory
language of former Art. 81, § 8(7) and from (a)
through (e)(i), except for the exception in (e)(i).

In subsections (a) and (b) of this section, the
defined term "property" is substituted for the former
phrase "real or tangible personal property", for
clarity. Similarly, in subsection (c) of this
section, the term "tangible", which modified "personal
property" is deleted as superfluous.