Maryland SDAT Proposes to Amend, Adopt Property Tax Regulations on Ground Rent Redemption

The Maryland Department of Assessments and Taxation Nov. 19 proposed to amend and adopt regulations on ground rent redemption for property tax purposes. The proposal includes measures to: 1) reduce and modify the amount of information a tenant must file with the SDAT to redeem a ground rent; 2) codify the calculation method for the redemption amount under certain circumstances; and 3) remove several requirements associated with a natural person ground rent holder appearing in person to claim ground rent in favor of filing a notarized affidavit. Comments on the proposed rules are due by Dec. 20. [Md. Dep’t of ...