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Statutes Text

Article - Real Property




§8–801.

    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Ground lease” means a residential lease or sublease for a term of years renewable forever subject to the payment of a periodic ground rent.

    (c)    (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.

    (d)    “Ground rent” means a rent issuing out of, or collectible in connection with, the reversionary interest under a ground lease.

    (e)    “Leasehold interest” means the tenancy in real property created under a ground lease.

    (f)    “Leasehold tenant” means the holder of the leasehold interest under a ground lease.



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