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Ch. 290
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Martin O'Malley, Governor
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(B) (1) IF FOR ANY REASON THE DEPARTMENT IS UNABLE TO
REGISTER A GROUND LEASE FOR WHICH A REGISTRATION FORM AND
APPROPRIATE FEE HAS BEEN SUBMITTED, THE DEPARTMENT SHALL NOTIFY
THE GROUND LEASE HOLDER OF THAT GROUND LEASE, WITHIN 30 DAYS OF
PROCESSING THE REGISTRATION FORM, OF ANY INFORMATION NEEDED BY THE
DEPARTMENT SO AS TO COMPLETE THE REGISTRATION.
(2) THE GROUND LEASE HOLDER SHALL HAVE UP TO 30 DAYS TO
SUPPLY THE NEEDED INFORMATION TO THE DEPARTMENT BEFORE ANY ACTION
MAY BE TAKEN UNDER § 8-708 OF THIS SUBTITLE.
8-705. 8-706.
(A) AFTER A GROUND LEASE IS REGISTERED, THE LANDLORD GROUND
LEASE HOLDER SHALL PROMPTLY NOTIFY THE DEPARTMENT OF:
(1) A CHANGE IN THE NAME OR ADDRESS OF THE LANDLORD
GROUND LEASE HOLDER, LEASEHOLD TENANT, OR PERSON TO WHOM THE
GROUND RENT PAYMENT IS SENT;
(2) A STATEMENT OF ANY NOTIFICATION SENT TO THE TENANT
OF ANY PAST DUE GROUND RENT OR A FILING FOR AN EJECTMENT ACTION;
(3) (2) A REDEMPTION OF THE GROUND LEASE; AND
(4) (3) ANY OTHER INFORMATION THE DEPARTMENT REQUIRES.
(B) FOR EACH NOTIFICATION MADE UNDER THIS SECTION, THE
LANDLORD SHALL PAY A $5 FEE.
8-706. 8-707.
(A) (1) FOR A GROUND LEASE CREATED BEFORE OCTOBER 1, 2007,
THE LANDLORD SHALL APPLY TO REGISTER THE EXCEPT AS PROVIDED IN
SUBSECTION (B) OF THIS SECTION, A GROUND LEASE HOLDER SHALL REGISTER
A GROUND LEASE UNDER THIS SUBTITLE BEFORE SEPTEMBER 30, 2010.
(2) FOR A GROUND LEASE CREATED ON OR AFTER OCTOBER 1,
2007, THE LANDLORD SHALL APPLY TO REGISTER THE GROUND LEASE UNDER THIS SUBTITLE WITHIN 6 MONTHS OF THE DATE OF THE EXECUTION OF THE GROUND LEASE.
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- 1879 -
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