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Session Laws, 2007
Volume 803, Page 1858   View pdf image
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Ch. 288 2007 Laws of Maryland
(III) LEASED FOR DWELLINGS OR MOBILE HOMES THAT ARE ERECTED OR PLACED IN A MOBILE HOME DEVELOPMENT OR MOBILE HOME
PARK. (B) (C) WITHIN 30 DAYS OF ANY CHANGE OF ADDRESS OF A LEASEHOLD TENANT, THE LEASEHOLD TENANT SHALL NOTIFY THE LANDLORD
GROUND LEASE HOLDER OF THE CHANGE, INCLUDING THE NEW ADDRESS AND
THE DATE OF THE CHANGE. (C)(D) Within 30 days of any transfer of improvements located on
property subject to a ground rent, the transferor LEASEHOLD TENANT shall notify
the [holder of the reversionary interest] LANDLORD GROUND LEASE HOLDER of the
transfer. The notification shall include the name and address of the transferee, and
date of transfer. (D) (E) [Notice shall be given] A TRANSFEROR LEASEHOLD TENANT
SHALL GIVE SEND NOTICE UNDER THIS SECTION by certified mail, return receipt
requested, bearing a postmark from the United States Postal Service,
to the last
known address of the [holder of the reversionary interest] LANDLORD GROUND
LEASE HOLDER. 14-116.1.           (A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED. (2) "GROUND LEASE" MEANS A RESIDENTIAL LEASE OR
SUBLEASE IN EFFECT ON OR AFTER OCTOBER 1, 2007, THAT HAS AN INITIAL
TERM OF 99 YEARS RENEWABLE FOREVER AND IS SUBJECT TO THE PAYMENT OF
AN ANNUAL GROUND RENT.
(3) "GROUND RENT" MEANS A RENT ISSUING OUT OF, OR
COLLECTIBLE IN CONNECTION WITH, THE REVERSION IN FEE SIMPLE RESERVED
IN A GROUND LEASE.
(4) "LANDLORD" MEANS THE HOLDER OF THE REVERSIONARY
INTEREST UNDER A GROUND LEASE.
(5) "TENANT" MEANS THE HOLDER OF THE LEASEHOLD
INTEREST UNDER A GROUND LEASE.
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Session Laws, 2007
Volume 803, Page 1858   View pdf image
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