Md. Code Ann., Real Prop. § 8-801
Definitions
Effective Oct 1, 2023Added by Acts 2015, c. 428, § 2, eff. July 1, 2015. Amended by Acts 2020, c. 441, § 1, eff. Oct. 1, 2020; Acts 2020, c. 442, § 1, eff. Oct. 1, 2020; Acts 2023, c. 182, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 183, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 184, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 185, §§ 1, 2, eff. Oct. 1, 2023.State of Maryland
- (a) In this subtitle the following words have the meanings indicated.
- (b) “Department” means the State Department of Assessments and Taxation.
- (c) “Ground lease” means a residential lease or sublease for a term of years renewable forever subject to the payment of a periodic ground rent.
(d)
- (1) “Ground lease holder” means the holder of the reversionary interest under a ground lease.
- (2) “Ground lease holder” includes an agent of the ground lease holder.
- (e) “Ground rent” means a rent issuing out of, or collectible in connection with, the reversionary interest under a ground lease.
- (f) “Leasehold interest” means the tenancy in real property created under a ground lease.
- (g) “Leasehold tenant” means the holder of the leasehold interest under a ground lease.
Added by Acts 2015, c. 428, § 2, eff. July 1, 2015. Amended by Acts 2020, c. 441, § 1, eff. Oct. 1, 2020; Acts 2020, c. 442, § 1, eff. Oct. 1, 2020; Acts 2023, c. 182, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 183, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 184, §§ 1, 2, eff. Oct. 1, 2023; Acts 2023, c. 185, §§ 1, 2, eff. Oct. 1, 2023.