Baltimore ground rent

Ground Rent Redemption Easier in 2022

April 28th, 2022

Ground Rent Redemption, especially when a ground rent owner is unknown, has been an issue for years in Maryland. The State of Maryland just made it easier to potentially redeem that ground rent with a website through the Maryland Department of Assessments and Taxation with applications and directions. There are four steps on the website. [...]

Ground Rent Law Upheld by Court of Appeals

February 27th, 2014

A ground rent law was upheld by the Court of Appeals, meaning that ground rent owners can foreclose on a home and get the full amount of proceeds should the ground rent be in default. According to an article by Timothy B. Wheeler and Jamie Smith-Hopkins in The Baltimore Sun, "The Court of Appeals ruled [...]

Maryland Senate Passes Ground Rent Bill

March 2nd, 2012

The Maryland Senate passed a ground rent bill yesterday that would require the owners of ground rents to register them before they would be allowed to collect the money from them. This was in response to the ground rent registration law that was overturned last year, where if the ground rent were not registered by [...]

Part of Ground Rent Law Overturned

October 26th, 2011

Those Ground Rent owners who did not register their properties with the government will not have those ground rents automatically extinguished, according to a ruling by the Court of Appeals yesterday. According to the Baltimore Sun article reporting on the issue: In a 5-2 decision issued Tuesday, the Court of Appeals held that the provision [...]

Baltimore Ground Rent Registration

September 21st, 2010

A bill signed into law by Governor Martin O'Malley on May 8, 2007, stated that all Ground Rents in the state of Maryland needed to be registered by September 30, 2010 or the ground rents would be at risk to be nullified. On June 18, I wrote about a class action lawsuit that was certified, [...]

Ground Rent Owners Certified for Class Action Lawsuit

June 18th, 2010

Ground rent owners have been certified for a class action lawsuit from a judge in Anne Arundel County. This is in reaction to the 2007 ground rent reform laws. Under the old laws, a ground lease holder could eject a tenant, seize the house, sell it and keep the proceeds if ground rent was not [...]

A History of Baltimore Ground Rents

June 7th, 2010

A history of Baltimore ground rents, courtesy of guest blogger, David Kramer of Castle Title. This is the first in a series of three he will be sharing about the reform the Maryland Legislature is putting into place because there are so many Baltimore ground rent issues. Thank you, David! ------------------------------------------- A little over three [...]

Baltimore Ground Rent Houses

May 4th, 2010

There are many ground rent houses in Baltimore. What does this mean? Guest blogger, T Jeremy Loomis, Sales Manager for Wells Fargo Home Mortgage, explains more about Baltimore ground rent homes: What is ground rent (also known as a leasehold estate) and why would I have it? Ground rent is when a fee is paid [...]

New FHA Appraisal Guidelines for Leasehold Properties in Baltimore

April 14th, 2010

Beginning June 13, 2010, the FHA appraisal guidelines for leasehold properties (also known as houses with ground rent) will be changing. Guest blogger, T Jeremy Loomis, Sales Manager for Wells Fargo Home Mortgage, explains what this means for Baltimore ground rent homeowners: Confused on the recent news about new FHA ground rent appraisal requirements? Simply [...]

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