2015 Maryland Code
REAL PROPERTY
Title 8 - LANDLORD AND TENANT
Subtitle 8 - RESIDENTIAL GROUND LEASES.
§ 8-806 - Past due ground rent pursuant to action by ground lease holder or reversionary transferee.

(a) Three year limitation. -- In any suit, action, or proceeding by a ground lease holder, or the transferee of the reversion in property subject to a ground lease, to recover past due ground rent, the ground lease holder, or the transferee of the reversion is entitled to demand or recover not more than 3 years past due ground rent, calculated from the date notice was sent under § 8-807(c)(1) of this subtitle.

(b) Reimbursement for late fees, interest, collection costs, and expenses. -- If authorized under the ground lease, a ground lease holder may be reimbursed for reasonable late fees, interest, collection costs, and expenses, subject to the same limitations as provided in § 8-807 of this subtitle.

(c) Limitation on recovery of past due rent; Mayor and City Council may acquire reversionary interest of ground lease. --

(1) Notwithstanding any other provision of law, in any suit, action, or proceeding to recover past due ground rent, a ground lease holder may only recover not more than 3 years past due ground rent, calculated from the date notice was sent under § 8-807(c)(1) of this subtitle, if the property is:

(i) Owned or acquired by any means by the Mayor and City Council of Baltimore; and

(ii) Abandoned property, as defined in § 21-17(a)(2) of the Public Local Laws of Baltimore City, or distressed property, as defined in § 21-17(a)(3) of the Public Local Laws of Baltimore City.

(2) With regard to property described under paragraph (1) of this subsection, a ground lease holder may request in writing that the Mayor and City Council of Baltimore acquire the reversionary interest under the ground lease for the market value established at the time of the acquisition by the Mayor and City Council of the leasehold interest under the ground lease.