clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 2002
Volume 800, Page 3074   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space
Ch. 401 2002 LAWS OF MARYLAND
(2) VALUATION OF THE DONATION OF A REVERSIONARY INTEREST
PURSUANT TO THIS SUBSECTION SHALL BE IN ACCORDANCE WITH SUBSECTION (B)
OF THIS SECTION. Article - Tax - Property 14-816. (a) [When] EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION,
WHEN any property subject to sale under this subtitle is subject to a ground rent or
lease for a term of years 99 YEARS renewable forever, the collector shall sell the
leasehold interest only, with the improvements erected on the leasehold interest, if
any; provided, however, that any property sold, subject to a ground rent or lease
under this section, to a bona fide purchaser for value or the government of the
jurisdiction conducting the sale, upon foreclosure of the rights of redemption, is not
subject to any claim for rent unpaid, due, or accruing prior to the date of the judgment
of foreclosure. (B) IF ABANDONED PROPERTY IN BALTIMORE CITY DESCRIBED IN SOLD
UNDER § 14-817(C) OF THIS SUBTITLE WITH A MINIMUM BID LESS THAN THE LIEN
AMOUNT IS SUBJECT TO A GROUND RENT OR LEASE FOR A TERM OF 99 YEARS
RENEWABLE FOREVER, THE COLLECTOR SHALL SELL THE WHOLE FEE SIMPLE
INTEREST IN THE PROPERTY. [(b)] (C) The termination of claims on property sold under subsection (a) of
this section shall not foreclose any personal claims against previous holders of the
interest sold, for rent unpaid, due, or accruing prior to the date of the judgment of
foreclosure. 14-817. (c) (1) In Baltimore City, abandoned property consisting of either a vacant
lot or improved property cited as vacant and unfit for habitation on a housing or
building violation notice may be sold for a sum less than the total amount of: (i) all taxes on the property that are certified to the collector under
§ 14-810 of this subtitle; (ii) interest and penalties on the taxes; and (iii) expenses incurred in making the sale. (2) The collector shall establish a minimum bid for abandoned property
sold under this subsection. (3) The person responsible for the taxes prior to the sale shall remain
liable to the collector for the difference between the amount received in the tax sale
under this section and the taxes, interest, penalties, and expenses remaining after
the sale. (4) The balance remaining after the tax sale shall be included in the
amount necessary to redeem the property under § 14-828 of this subtitle.
- 3074 -


 
clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 2002
Volume 800, Page 3074   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact msa.helpdesk@maryland.gov.

©Copyright  October 11, 2023
Maryland State Archives