1. (a) A ground lease holder shall register a ground lease with the Department by submitting a registration form that the Department requires.

2. (b) The registration form shall include:

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

   2. (2)

      1. (i) The name and address of the ground lease holder; and
      2. (ii) A section that provides the ground lease holder the option to include the ground lease holder's telephone number and e-mail address;
   3. (3) The name and address of the leasehold tenant;
   4. (4) The name and address of the person to whom the ground rent payment is sent;
   5. (5) The amount and payment dates of the ground rent installments;
   6. (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. (7) The liber and folio information for the current ground rent deed of record.
3. (c) The reporting form for changes or corrections to a ground lease registration shall include a section that provides the ground lease holder the option to include the ground lease holder's telephone number and e-mail address.

Added by Acts 2007, c. 290, § 1, eff. Oct. 1, 2007. Amended by Acts 2012, c. 464, § 1, eff. July 1, 2012; Acts 2012, c. 465, § 1, eff. July 1, 2012; Acts 2017, c. 542, § 1, eff. Oct. 1, 2017; Acts 2020, c. 94, § 1, eff. Oct. 1, 2020.