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Session Laws, 1987
Volume 769, Page 1943   View pdf image
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WILLIAM DONALD SCHAEFER, Governor Ch. 350

CHAPTER 350

(Senate Bill 408)

AN ACT concerning

Judgment for Renewal of Lease

FOR the purpose of specifying the effect of a judgment for
renewal of a lease currently contained in the Maryland
Rules; providing that a judgment for the renewal of a lease
be recorded among the land records of a certain county;
repealing obsolete language; making stylistic changes; and
generally relating to judgments for the renewal of a lease.

BY repealing and reenacting, with amendments,

Article - Real Property

Section 8-108

Annotated Code of Maryland

(1981 Replacement Volume and 1986 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

8-108.

(A)  A court [of equity] may [pass a decree] ENTER JUDGMENT
for the renewal of a lease [which] THAT contains a covenant for
renewal, including a lease for 99 years, renewable forever.

(B)   [The decree shall be] A JUDGMENT FOR RENEWAL OF A LEASE
IS binding on [the parties to the lease and has the effect
prescribed by the Maryland Rules] EACH PERSON WHO BECOMES A PARTY
TO THE ACTION OR HAS BEEN SERVED WITH PROCESS IN ACCORDANCE WITH
MARYLAND RULE 2-122 AND RENEWS THE TITLE OF ALL PERSONS
INTERESTED UNDER THE LEASE FOR THE ADDITIONAL TERM, UNDER THE
RENT, AND UPON THE COVENANTS, CONDITIONS, AND STIPULATIONS
PROVIDED IN THE LEASE.

(C)  A JUDGMENT FOR THE RENEWAL OF A LEASE SHALL BE RECORDED
AMONG THE LAND RECORDS OF EACH COUNTY IN WHICH LAND THAT IS
SUBJECT TO THE LEASE IS LOCATED.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

Approved May 14, 1987.

- 1943 -

 

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Session Laws, 1987
Volume 769, Page 1943   View pdf image
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