(2) In addition to any other provision of law with respect to recording,
the Department shall send one certificate each to the clerk of the circuit court for each
county where the articles show that a merging business trust, corporation,
partnership, limited partnership, or limited liability company other than the
successor owns an interest in land.

(3) On receipt of a certificate, a clerk promptly shall record it with the
land records.

[(k)](L) (1) In order to keep the land assessment records current in each
county, the Department shall require a business trust, corporation, partnership,
limited partnership, or limited liability company to submit with the articles a
property certificate for each county where a merging business trust, corporation,
partnership, limited partnership, or limited liability company other than the
successor owns an interest in land.

(2) A property certificate is not required with respect to any property in
which the only interest owned by the merging business trust, corporation,
partnership, limited partnership, or limited liability company is a security interest.

(3) The property certificate shall be in the form and number of copies
which the Department requires and may include the certificate of the Department
required by subsection (j) of this section.

(4) (i) The property certificate shall provide a deed reference or other
description sufficient to identify the property.

(ii) The Department shall indicate on the certificate the time the
articles are accepted for record and send a copy of it to the chief assessor of the county
where the property is located.

(5) A transfer, vesting, or devolution of title to the property is not
invalidated or otherwise affected by any error or defect in the property certificate,
failure to file it, or failure by the Department to act on it.

[(1)] (M) If the successor in a merger is a Maryland real estate investment
trust, a merger is effective as of the later of:

(1) The time the Department accepts the articles of merger for record; or

(2) The time established under the articles, not to exceed 30 days after
the articles are accepted for record.

[(m)) (N)(1) If the successor in a merger is a foreign corporation, foreign
partnership, foreign limited partnership, a foreign limited liability company, or a
Maryland or foreign business trust, other than a Maryland real estate investment
trust, the merger is effective as of the later of:

(i) The time specified by the law of the place where the successor is

organized; or

(ii) The time the Department accepts the articles of merger for