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PARRIS N. GLENDENING, Governor
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S.B. 535
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(b) (1) To facilitate a transfer of real property the Board may release any
liens for unpaid city real property taxes or other charges and assessments imposed by
the Mayor and City Council of Baltimore City to which the property would otherwise
be subject, if:
(i) the total amount of liens for unpaid city real property taxes,
charges, and assessments imposed with respect to the property exceeds the lesser of
the total value of the land and any improvement on the land as last determined by the
Department or as determined by an appraisal report prepared not more than 6
months before the request for the release of the lien, by a real estate appraiser who is
licensed under Title 16 of the Business Occupations and Professions Article;
(ii) [the property is certified by] the Baltimore City Department of
Housing and Community Development [to be] CERTIFIES THAT THE PROPERTY:
1. THAT THE PROPERTY IS IS A vacant LOT; and OR
2. IF THERE IS A BUILDING OR STRUCTURE ON THE
PROPERTY, THAT THE BUILDING OR STRUCTURE IS HAS A BUILDING OR STRUCTURE
THAT IS:
A VACANT; AND
A. B. unsafe; OR
B. OR unfit for [occupancy; or
C. in need of substantial repair] HABITATION;
(iii) the potential transferee demonstrates the ability to return the
property to productive use within a reasonable period of time;
(iv) the Board finds that a transfer under this section is necessary:
1. to eliminate a blighting influence; and
2. to prevent the tax abandonment of a property; and
(v) the potential transferee presents evidence to the Board that fair
market value is being paid.
(2) The Board may waive the requirement in paragraph (1)(v) of this
subsection if:
(I) the potential transferee is a nonprofit organization as defined
in Article 83B, § 2-203(v) of the [Code.] CODE; AND
(II) THE MAYOR AND CITY COUNCIL RECEIVES AN AMOUNT EQUAL
TO ANY TAX BENEFIT TO BE DERIVED BY THE TRANSFEROR FROM THE TRANSFER;
AND
(III) THE TRANSFEROR'S TAX DEBT IS REDUCED BY AN AMOUNT
EQUAL TO WHAT THE MAYOR AND CITY COUNCIL WOULD RECEIVE IF THE
REQUIREMENT UNDER PARAGRAPH (1)(V) WERE NOT WAIVED.
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- 3933 -
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