Md. Code Regs. 18.15.02.01

Current through Register Vol. 51, No. 24, December 2, 2024

Section 18.15.02.01 - Definitions

A. In this chapter, the following terms have the meanings indicated.

B. Terms Defined.

(1) "Current ground rent deed of record" has the meaning stated in Real Property Article, § 8-701(b), Annotated Code of Maryland.

(2) "Department" has the meaning stated in Real Property Article, § 8-701(c), Annotated Code of Maryland.

(3) "Ground lease" has the meaning stated in Real Property Article, § 8-701(d), Annotated Code of Maryland.

(4) "Ground lease holder" has the meaning stated in Real Property Article, § 8-701(e), Annotated Code of Maryland.

(5) "Register" means to submit to the Department, for each ground rent:

(a) The Department's completed registration form; and

(b) Any appropriate registration fee.

(6) Submit.

(a) "Submit" means to cause the Department to receive only by:

(i) Hand delivery;

(ii) Regular mail postmarked with a date on or before the time allowed for the action; or

(iii) Specific electronic means approved by the Department.

(b)"Submit" does not mean delivery by:

(i) Facsimile; or

(ii) Any means other than those set forth above in §B(6)(a) of this regulation.

(7) "Substantially completed registration form" means one that:

(a) Has a response for each question;

(b) Is legible; and

(c) Is sufficiently accurate to allow the Department to reasonably identify the property for which the ground lease was created.

Md. Code Regs. 18.15.02.01

Regulation .01 amended effective 45:24 Md. R. 1162, eff. 12/6/2018