56

LAWS OF MARYLAND

Ch. 8

REVISOR'S NOTE: Paragraphs (1) and (2)(ii) of this
subsection are new language added to clarify the scope
of "real property".

Paragraph (2)(i) of this subsection is new language
that repeats the provisions of present Art. 81, §
2(12).

In the introductory language of paragraph (2) of this
subsection, the defined term "real property" is
substituted for the present term "real estate", for
clarity.

In paragraph (2)(i) of this subsection, the phrase
"other limited interest in real property" is added for
clarity.

Also in paragraph (2)(i) of this subsection, the
present phrase "unless such construction would be
unreasonable" is omitted as superfluous.

Defined terms: "Includes";"including" § 1-101

(DD) RESIDENT OF THE STATE.

"RESIDENT OF THE STATE" INCLUDES A DOMESTIC CORPORATION.

REVISOR'S NOTE: This subsection is new language that
repeats the provisions of present Art. 81, § 2(13).

Defined term: "Domestic corporation" § 1-101

(EE) SEMIANNUAL DATE OF FINALITY.

"SEMIANNUAL DATE OF FINALITY" MEANS JULY 1, WHEN ASSESSMENTS
MAY BE MADE FOR REAL PROPERTY THAT BECOMES ASSESSABLE AFTER THE
IMMEDIATELY PRECEDING DATE OF FINALITY OR QUARTERLY DATE OF
FINALITY.

REVISOR'S NOTE: This subsection is new language derived
without substantive change from the second sentence of
former Art. 81, § 2(20) and the second clause of the
first sentence of § 29A(a).

The reference to "quarterly date of finality" is added
for clarity.

As to the substantive provisions that describe the
operation of the semiannual date of finality, see §
10-102 of this article.

Defined terms: "Assessment" § 1-101
"Date of finality" § 1-101
"Quarterly date of finality" § 1-101