2013 Maryland Code
REAL PROPERTY
§ 8-704 - Registration of ground lease


MD Real Prop Code § 8-704 (2013) What's This?

§8-704.

(a) A ground lease holder shall register a ground lease with the Department by submitting:

(1) A registration form that the Department requires; and

(2) The registration fee for each ground lease as provided under subsection (c) of this section.

(b) The registration form shall include:

(1) The premise address and tax identification number of the property for which the ground lease was created;

(2) The name and address of the ground lease holder;

(3) The name and address of the leasehold tenant;

(4) The name and address of the person to whom the ground rent payment is sent;

(5) The amount and payment dates of the ground rent installments;

(6) To the best of the ground lease holder’s knowledge, a statement of the range of years in which the ground lease was created; and

(7) The liber and folio information for the current ground rent deed of record.

(c) The registration fee for a ground lease per ground lease holder is:

(1) $10 for the first ground lease; and

(2) $5 for each additional ground lease.

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