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. [...]
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 [...]
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 [...]