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Statutes Text

Article - Real Property




§8–704.

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

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

            (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)    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 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.



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