|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 199
|
|
|
|
|
2002 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
|
|
(c) The owner of at least 5 contiguous acres of land may make an agreement
with the Department of Natural Resources to place the land in the program.
(d) A memorandum of the agreement shall be recorded in each county where
the land is located under §§ 3-102 and 3-103 of the Real Property Article. The
woodland owner shall pay for recording the memorandum.
(e) (1) The owner of land that is subject to an agreement shall PROMPTLY
notify:
(I) the supervisor of the county where the land is located that the
land is subject to an agreement;
(ID BEFORE A SALE OR TRANSFER, A PROSPECTIVE BUYER OR
TRANSFEREE THAT THE LAND IS SUBJECT TO AN AGREEMENT; AND
(III) WITHIN 30 DAYS OF A SALE OR TRANSFER, THE DEPARTMENT
OF NATURAL RESOURCES.
(2) THE REQUIREMENTS APPLICABLE TO AN OWNER UNDER
PARAGRAPH (1) OF THIS SUBSECTION SHALL APPLY TO:
(I) A SUCCESSOR, HEIR, OR ASSIGN OF THE OWNER; AND
(II) AS APPLICABLE, THE PERSONAL REPRESENTATIVE OF THE
OWNER'S ESTATE.
(f) (1) Except for an agreement made on or before July 1, 1984, an
agreement shall be for at least 15 years.
(2) Consecutive agreements shall be deemed a single agreement from
the date of the original agreement.
(g) An agreement may be assigned and transferred to a buyer of all or part of
the land that is subject to the agreement, if:
(1) the buyer assumes the obligation of the agreement;
(2) the agreement is transferred to the buyer BY THE LANDOWNER OR
THE LANDOWNER'S SUCCESSORS, HEIRS, OR ASSIGNS; and
(3) property tax on an assessment under subsection (i) of this section is
not due.
(h) Except as provided in subsection (i) of this section, the value of woodland
for assessment purposes in effect at the beginning of an agreement may not be
increased for the period covered by the agreement.
(i) (1) Woodland shall be reassessed when:
(i) an agreement ends and is not renewed as provided in subsection
(0(2) of this section;
|
|
|
|
|
|
|
|
- 1732 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|