Section 8-804 – Redemption of Certain Reversions
(a) (1) Except as provided in subsection (f) of this section, this section does not apply to irredeemable ground leases preserved under § 8–805 of this subtitle. (2) This section does not apply to an affordable housing land trust agreement executed under Title 14, Subtitle 5 of this article. (b) (1) Except for apartment and cooperative leases, any reversion reserved […]
Section 8-805 – Conversion of Irredeemable Ground Rents
(a) (1) In this section the following words have the meanings indicated. (2) “Irredeemable ground rent” means a ground rent created under a ground lease executed before April 9, 1884, that does not contain a provision allowing the leasehold tenant to redeem the ground rent. (3) “Redeemable ground rent” means a ground rent that may be redeemed in accordance […]