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Ch. 286
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2007 Laws of Maryland
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(I) FOR A REDEEMABLE GROUND RENT, THE AMOUNT OF
THE LIEN OR AND THE REDEMPTION AMOUNT CALCULATED UNDER
§8-110(B)(2)(I) § 8-110(B)(2) OF THIS TITLE AND THE PURCHASER SHALL TAKE
TITLE TO THE PROPERTY FREE AND CLEAR OF THE GROUND LEASE; AND
(II) FOR AN IRREDEEMABLE GROUND RENT, THE AMOUNT
OF THE LIEN AND THE PURCHASER SHALL TAKE TITLE TO THE PROPERTY
SUBJECT TO THE GROUND LEASE.
(P) (O) IF THE LIENHOLDER CANNOT BE LOCATED, THE LIEN MAY BE
SATISFIED AND THE REDEEMABLE GROUND RENT REDEEMED IN ACCORDANCE
WITH § 8-110(G) OF THIS TITLE BY PAYING THE GREATER OF THE AMOUNT OF
THE LIEN OR AND THE AMOUNT SET FORTH IN § 8-110(G)(4) OF THIS TITLE.
SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:
Article - Real Property
8-111.1.
(a) This section applies to all residential leases or subleases in effect on or
after October 1, 1999, which have an initial term of 99 years and which create a
leasehold estate, or subleasehold estate, subject to the payment of an annual ground
rent.
(b) In any suit, action, or proceeding by a landlord, or the transferee of the
reversion in leased property, to recover back rent, the landlord, or the transferee of the
reversion in leased property is entitled to demand or recover not more than 3 years
back rent.
(e) In addition to rent payable under subsection (b) of this section, a landlord
collection of the back rent [unless the notice requirements of §§ 8-402.2 and 8-402.3 of
this title are met].
8-111.2.
(A) THIS SECTION DOES NOT APPLY TO PROPERTY;
(1) LEASED FOR BUSINESS, COMMERCIAL, MANUFACTURING,
MERCANTILE, OR INDUSTRIAL PURPOSES, OR ANY OTHER PURPOSE THAT IS NOT
PRIMARILY RESIDENTIAL;
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