Ground rent is a lease agreement for the use of the land a house sits on, and homeowners must pay rent to the owner of the land, which can be redeemed through the Maryland General Assembly.
Tag: Maryland Department of Assessments and Taxation
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Cracking the code on ground rent: A guide to understanding and managing it
Ground rent is a lease agreement for the use of the land a house sits on, and homeowners must pay rent to the owner of the land, while Maryland law requires ground rent holders to register their ground rents to legally collect them.