When real property is revalued because substantially completed improvements have been made adding at least the statutory minimum in value to the property under Tax-Property Article, §8-104, Annotated Code of Maryland, both the land and improvements shall be revalued on the date of finality, the semiannual date of finality, or quarterly date of finality following the substantial completion.

Authority: Tax-Property Article, §§2-201, 2-202, and 8-104, Annotated Code of Maryland

Effective date: January 7, 1982 (8:26 Md. R. 2106)

Regulation .01 repealed and new Regulation .01 adopted effective March 11, 1996 (23:5 Md. R. 382)

Regulation .04 adopted effective September 9, 1996 (23:18 Md. R. 1318)

Regulation .04 amended effective December 23, 2013 (40:25 Md. R. 2070)

Regulation .05 adopted effective October 16, 2000 (27:20 Md. R. 1841)

Regulation .05 repealed effective November 5, 2018 (45:22 Md. R. 1027)