MD
Maryland House Bill HB921

Maryland 2023 Regular Session

Maryland House Bill HB921 Compare Versions

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33 EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW.
44 [Brackets] indicate matter deleted from existing law.
5- Underlining indicates amendments to bill.
6- Strike out indicates matter stricken from the bill by amendment or deleted from the law by
7-amendment.
85 *hb0921*
96
107 HOUSE BILL 921
118 Q2, Q1 3lr2092
129 CF SB 855
1310 By: Delegate Smith
1411 Introduced and read first time: February 9, 2023
1512 Assigned to: Ways and Means
16-Committee Report: Favorable with amendments
17-House action: Adopted
18-Read second time: March 9, 2023
1913
20-CHAPTER ______
14+A BILL ENTITLED
2115
2216 AN ACT concerning 1
2317
24- Baltimore City – Property Tax – In Rem Foreclosure of Vacant or Nuisance 2
25-Property 3
18+Property Tax – In Rem Foreclosure 2
2619
27-FOR the purpose of authorizing certain vacant property and or nuisance property located 4
28-in Baltimore City to be subject to a certain in rem foreclosure process; requiring 5
29-service of a complaint for in rem foreclosure to be served in accordance with the 6
30-Maryland Rules; providing for the distribution of surplus proceeds from the sale of 7
31-property subject to an in rem foreclosure; authorizing an in rem foreclosure order to 8
32-be set aside under certain circumstances; providing for the redemption amounts 9
33-required to be paid when an in rem foreclosure is set aside; requiring certain 10
34-procedures for an in rem foreclosure; requiring Baltimore City to take certain actions 11
35-to compensate the interested parties in property that has value and is acquired 12
36-through an in rem foreclosure; specifying the title acquired in an in rem foreclosure; 13
37-specifying the circumstances under which an in rem foreclosure judgment may be 14
38-reopened; and generally relating to in rem foreclosure of vacant or nuisance property 15
39-in Baltimore City. 16
20+FOR the purpose of authorizing certain vacant property and nuisance property located in 3
21+Baltimore City to be subject to a certain in rem foreclosure process; requiring service 4
22+of a complaint for in rem foreclosure to be served in accordance with the Maryland 5
23+Rules; providing for the distribution of surplus proceeds from the sale of property 6
24+subject to an in rem foreclosure; authorizing an in rem foreclosure order to be set 7
25+aside under certain circumstances; providing for the redemption amounts required 8
26+to be paid when an in rem foreclosure is set aside; and generally relating to in rem 9
27+foreclosure of property. 10
4028
41-BY repealing and reenacting, with amendments, 17
42- Article – Tax – Property 18
43-Section 14–874 through 14–876 19
44- Annotated Code of Maryland 20
45- (2019 Replacement Volume and 2022 Supplement) 21
29+BY repealing and reenacting, with amendments, 11
30+ Article – Tax – Property 12
31+Section 14–874 through 14–876 13
32+ Annotated Code of Maryland 14
33+ (2019 Replacement Volume and 2022 Supplement) 15
4634
47-BY adding to 22
48- Article – Tax – Property 23 2 HOUSE BILL 921
35+BY adding to 16
36+ Article – Tax – Property 17
37+Section 14–877 and 14–878 18
38+ Annotated Code of Maryland 19
39+ (2019 Replacement Volume and 2022 Supplement) 20
40+
41+ SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 21
42+That the Laws of Maryland read as follows: 22
43+
44+Article – Tax – Property 23
45+
46+14–874. 24
47+ 2 HOUSE BILL 921
4948
5049
51-Section 14–877 and 14–878 14–894 to be under the new part “Part VIII. Baltimore 1
52-City Judicial In Rem Foreclosure for Vacant or Nuisance Property” 2
53- Annotated Code of Maryland 3
54- (2019 Replacement Volume and 2022 Supplement) 4
50+ (a) (1) [Real] EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS 1
51+SUBSECTION, REAL property may be subject to foreclosure and sale under this part only 2
52+if: 3
5553
56- SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 5
57-That the Laws of Maryland read as follows: 6
54+ [(1)] (I) the property consists of a vacant lot or improved property cited 4
55+as vacant and unsafe or unfit for habitation or other authorized use on a housing or building 5
56+violation notice; and 6
5857
59-Article – Tax – Property 7
58+ [(2)] (II) the total amount of liens for unpaid taxes on the property exceeds 7
59+the lesser of the total value of the property as last determined by the Department or as 8
60+determined by an appraisal report prepared not more than 6 months before the filing of a 9
61+complaint under this section by a real estate appraiser who is licensed under Title 16 of the 10
62+Business Occupations and Professions Article. 11
6063
61-14–874. 8
64+ (2) REAL PROPERTY LOCATED IN BALTIMORE CITY MAY BE SUBJECT 12
65+TO FORECLOSURE AND S ALE UNDER THIS PART IF: 13
6266
63- (a) (1) [Real] EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS 9
64-SUBSECTION, REAL property may be subject to foreclosure and sale under this part only 10
65-if: 11
67+ (I) THE PROPERTY IS A VA CANT PROPERTY OR A NUISANCE 14
68+PROPERTY, AS DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; AND 15
6669
67- [(1)] (I) the property consists of a vacant lot or improved property cited 12
68-as vacant and unsafe or unfit for habitation or other authorized use on a housing or building 13
69-violation notice; and 14
70+ (II) THE TOTAL AMOUNT OF LIENS FOR UNPAID TAX ES ON THE 16
71+PROPERTY EXCEEDS A P ERCENTAGE OF THE TOT AL VALUE OF THE PROP ERTY SET 17
72+BY LOCAL ORDINANCE B ASED ON THE VALUE OF THE PROPER TY AS LAST 18
73+DETERMINED BY THE DEPARTMENT OR AS DETE RMINED BY AN APPRAIS AL REPORT 19
74+PREPARED NOT MORE TH AN 6 MONTHS BEFORE THE FI LING OF A COMPLAINT UNDER 20
75+THIS SECTION BY A RE AL ESTATE APPRAISER WHO IS LICENSED UNDE R TITLE 16 OF 21
76+THE BUSINESS OCCUPATIONS AND PROFESSIONS ARTICLE. 22
7077
71- [(2)] (II) the total amount of liens for unpaid taxes on the property exceeds 15
72-the lesser of the total value of the property as last determined by the Department or as 16
73-determined by an appraisal report prepared not more than 6 months before the filing of a 17
74-complaint under this section by a real estate appraiser who is licensed under Title 16 of the 18
75-Business Occupations and Professions Article. 19
78+ (b) (1) A county or municipal corporation may authorize by law an in rem 23
79+foreclosure in accordance with this part. 24
7680
77- (2) REAL PROPERTY LOCATED IN BALTIMORE CITY MAY BE SUBJECT 20
78-TO FORECLOSURE AND S ALE UNDER THIS PART IF: 21
81+ (2) A law that authorizes an in rem foreclosure shall: 25
7982
80- (I) THE PROPERTY IS A VA CANT PROPERTY OR A N UISANCE 22
81-PROPERTY, AS DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; AND 23
83+ (i) state the date after which real property may be subject to in rem 26
84+foreclosure under this part; 27
8285
83- (II) THE TOTAL AMOUNT OF LIENS FOR UNPAID TAX ES ON THE 24
84-PROPERTY EXCEEDS A P ERCENTAGE OF THE TOT AL VALUE OF THE PROP ERTY SET 25
85-BY LOCAL ORDINANCE B ASED ON THE VALUE OF THE PROPERTY AS LAST 26
86-DETERMINED BY THE DEPARTMENT OR AS DETE RMINED BY AN APPRAISAL REPO RT 27
87-PREPARED NOT MORE TH AN 6 MONTHS BEFORE THE FI LING OF A COMPLAINT UNDER 28
88-THIS SECTION BY A RE AL ESTATE APPRAISER WHO IS LICENSED UNDE R TITLE 16 OF 29
89-THE BUSINESS OCCUPATIONS AND PROFESSIONS ARTICLE. 30
86+ (ii) establish criteria for designating real property to be foreclosed 28
87+under this part; 29
9088
91- (b) (1) A county or municipal corporation may authorize by law an in rem 31
92-foreclosure in accordance with this part. 32
89+ (iii) authorize the county or municipal corporation to file a complaint 30
90+for an in rem foreclosure under this part; and 31
9391
94- (2) A law that authorizes an in rem foreclosure shall: 33
92+ (iv) include administrative rules and procedures necessary to carry 32
93+out an in rem foreclosure under this part. 33
9594 HOUSE BILL 921 3
9695
9796
98- (i) state the date after which real property may be subject to in rem 1
99-foreclosure under this part; 2
97+ (c) (1) Subject to subsection (d) of this section, a county or municipal 1
98+corporation may authorize, by law, the sale of real property after an in rem foreclosure and 2
99+designate real property to be sold under this part. 3
100100
101- (ii) establish criteria for designating real property to be foreclosed 3
102-under this part; 4
101+ (2) A law that authorizes a sale of real property after an in rem foreclosure 4
102+shall: 5
103103
104- (iii) authorize the county or municipal corporation to file a complaint 5
105-for an in rem foreclosure under this part; and 6
104+ (i) state the date after which the real property may be subject to sale 6
105+after an in rem foreclosure under this part; 7
106106
107- (iv) include administrative rules and procedures necessary to carry 7
108-out an in rem foreclosure under this part. 8
107+ (ii) establish criteria for designating real property to be sold under 8
108+this part; and 9
109109
110- (c) (1) Subject to subsection (d) of this section, a county or municipal 9
111-corporation may authorize, by law, the sale of real property after an in rem foreclosure and 10
112-designate real property to be sold under this part. 11
110+ (iii) include administrative rules and procedures necessary to carry 10
111+out a sale under this part. 11
113112
114- (2) A law that authorizes a sale of real property after an in rem foreclosure 12
115-shall: 13
113+ (d) [Only] EXCEPT AS PROV IDED IN SUBSECTION (A)(2) OF THIS SECTION , 12
114+ONLY real property that consists of a vacant lot or improved property cited as vacant and 13
115+unsafe or unfit for habitation or other authorized use on a housing or building violation 14
116+notice may be sold under this part. 15
116117
117- (i) state the date after which the real property may be subject to sale 14
118-after an in rem foreclosure under this part; 15
118+14–875. 16
119119
120- (ii) establish criteria for designating real property to be sold under 16
121-this part; and 17
120+ (a) A county or municipal corporation may file a complaint for an in rem 17
121+foreclosure action in accordance with this part. 18
122122
123- (iii) include administrative rules and procedures necessary to carry 18
124-out a sale under this part. 19
123+ (b) The county or municipal corporation may not file a complaint for an in rem 19
124+foreclosure action unless: 20
125125
126- (d) [Only] EXCEPT AS PROVIDED IN SUBSECTION (A)(2) OF THIS SECTION , 20
127-ONLY real property that consists of a vacant lot or improved property cited as vacant and 21
128-unsafe or unfit for habitation or other authorized use on a housing or building violation 22
129-notice may be sold under this part. 23
126+ (1) the tax on the real property has been delinquent for at least 6 months; 21
127+and 22
130128
131-14–875. 24
129+ (2) (I) the right to appeal the notice of the property as vacant and 23
130+unsafe or unfit has tolled; OR 24
132131
133- (a) A county or municipal corporation may file a complaint for an in rem 25
134-foreclosure action in accordance with this part. 26
132+ (II) THE RIGHT TO APPEAL THE NOTICE OF THE PR OPERTY AS 25
133+VACANT PROPERTY OR A NUISANCE PROPERTY , AS DETERMINED UNDER THE 26
134+BALTIMORE CITY BUILDING CODE, HAS TOLLED. 27
135135
136- (b) The county or municipal corporation may not file a complaint for an in rem 27
137-foreclosure action unless: 28
136+ (c) All taxes shall: 28
138137
139- (1) the tax on the real property has been delinquent for at least 6 months; 29
140-and 30
138+ (1) be included in the foreclosure action; and 29
141139
142- (2) (I) the right to appeal the notice of the property as vacant and 31
143-unsafe or unfit has tolled; OR 32
140+ (2) cease to be a lien against the real property if a judgment is entered 30
141+foreclosing the existing interests of all interested parties in the real property. 31
144142 4 HOUSE BILL 921
145143
146144
147- (II) THE RIGHT TO APPEAL THE NOTICE OF THE PR OPERTY AS 1
148-VACANT PROPERTY OR A NUISANCE PROPERTY , AS DETERMINED UNDER THE 2
149-BALTIMORE CITY BUILDING CODE, HAS TOLLED. 3
145+ (d) The county or municipal corporation shall: 1
150146
151- (c) All taxes shall: 4
147+ (1) file the complaint for an in rem foreclosure in the circuit court of the 2
148+county where the real property is located; and 3
152149
153- (1) be included in the foreclosure action; and 5
150+ (2) [within 5 days after filing the complaint, send notice and a copy of] 4
151+SERVE the complaint to each interested party [by first–class mail and certified mail, 5
152+postage prepaid, return receipt requested, bearing a postmark from the United States 6
153+Postal Service] IN ACCORDA NCE WITH THE MARYLAND RULES. 7
154154
155- (2) cease to be a lien against the real property if a judgment is entered 6
156-foreclosing the existing interests of all interested parties in the real property. 7
155+ (e) The complaint for an in rem foreclosure shall include: 8
157156
158- (d) The county or municipal corporation shall: 8
157+ (1) the identity of the county or municipal corporation on behalf of which 9
158+the complaint is filed; 10
159159
160- (1) file the complaint for an in rem foreclosure in the circuit court of the 9
161-county where the real property is located; and 10
160+ (2) the name and address of the county or municipal corporation; 11
162161
163- (2) [within 5 days after filing the complaint, send notice and a copy of] 11
164-SERVE the complaint to each interested party [by first–class mail and certified mail, 12
165-postage prepaid, return receipt requested, bearing a postmark from the United States 13
166-Postal Service] IN ACCORDANCE WITH T HE MARYLAND RULES. 14
162+ (3) a description of the real property as it appears in the county land 12
163+records; 13
167164
168- (e) The complaint for an in rem foreclosure shall include: 15
165+ (4) the tax identification number of the real property; 14
169166
170- (1) the identity of the county or municipal corporation on behalf of which 16
171-the complaint is filed; 17
167+ (5) a statement that the taxes are delinquent at the time of the filing; 15
172168
173- (2) the name and address of the county or municipal corporation; 18
169+ (6) the amount of taxes that are delinquent as of the date of filing; 16
174170
175- (3) a description of the real property as it appears in the county land 19
176-records; 20
171+ (7) the names and last known addresses of all interested parties in the real 17
172+property and, if applicable, a statement that the address of a particular interested party in 18
173+the real property is unknown; 19
177174
178- (4) the tax identification number of the real property; 21
175+ (8) a statement that the real property is: 20
179176
180- (5) a statement that the taxes are delinquent at the time of the filing; 22
177+ (I) a vacant lot or improved property cited as vacant and unsafe or 21
178+unfit for habitation or other authorized use on a housing or building violation notice; OR 22
181179
182- (6) the amount of taxes that are delinquent as of the date of filing; 23
180+ (II) A VACANT PROPERTY OR A NUISANCE PROPERTY , AS 23
181+DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; 24
183182
184- (7) the names and last known addresses of all interested parties in the real 24
185-property and, if applicable, a statement that the address of a particular interested party in 25
186-the real property is unknown; 26
183+ (9) copies of any violation notice cited under paragraph (8) of this 25
184+subsection; 26
187185
188- (8) a statement that the real property is: 27
189-
190- (I) a vacant lot or improved property cited as vacant and unsafe or 28
191-unfit for habitation or other authorized use on a housing or building violation notice; OR 29
186+ (10) a request that the circuit court not schedule a hearing on the complaint 27
187+until 30 days after the date that the complaint is filed; and 28
192188 HOUSE BILL 921 5
193189
194190
195- (II) A VACANT PROPERTY OR A NUISANCE PROPERTY , AS 1
196-DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; 2
191+ (11) a request that the circuit court enter a judgment that forecloses the 1
192+existing interests of all interested parties in the real property and orders ownership of the 2
193+real property to be transferred to the county or municipal corporation. 3
197194
198- (9) copies of any violation notice cited under paragraph (8) of this 3
199-subsection; 4
195+ (f) A complaint for an in rem foreclosure may be amended to include all taxes 4
196+that become delinquent after the commencement of the in rem foreclosure action. 5
200197
201- (10) a request that the circuit court not schedule a hearing on the complaint 5
202-until 30 days after the date that the complaint is filed; and 6
198+ (g) (1) Subject to paragraph (2) of this subsection, an interested party has the 6
199+right to cure the delinquent taxes and liens on the real property by paying all past due fees, 7
200+payments, and penalties at any time before the entry of the foreclosure judgment. 8
203201
204- (11) a request that the circuit court enter a judgment that forecloses the 7
205-existing interests of all interested parties in the real property and orders ownership of the 8
206-real property to be transferred to the county or municipal corporation. 9
202+ (2) The right to cure the delinquent taxes and liens on the real property 9
203+extinguishes once the foreclosure judgment is entered. 10
207204
208- (f) A complaint for an in rem foreclosure may be amended to include all taxes 10
209-that become delinquent after the commencement of the in rem foreclosure action. 11
205+14–876. 11
210206
211- (g) (1) Subject to paragraph (2) of this subsection, an interested party has the 12
212-right to cure the delinquent taxes and liens on the real property by paying all past due fees, 13
213-payments, and penalties at any time before the entry of the foreclosure judgment. 14
207+ (a) A circuit court may not set a hearing for an in rem foreclosure until 30 days 12
208+after the complaint for an in rem foreclosure is filed. 13
214209
215- (2) The right to cure the delinquent taxes and liens on the real property 15
216-extinguishes once the foreclosure judgment is entered. 16
210+ (b) At the hearing, any interested party shall have the right to be heard and to 14
211+contest the delinquency of the taxes and the adequacy of the proceedings. 15
217212
218-14–876. 17
213+ (c) If the circuit court finds that the county or municipal corporation sent notice 16
214+and a copy of the complaint to each interested party in accordance with § 14–875(d) of this 17
215+subtitle and that the information set forth in the complaint is accurate, the court shall: 18
219216
220- (a) A circuit court may not set a hearing for an in rem foreclosure until 30 days 18
221-after the complaint for an in rem foreclosure is filed. 19
217+ (1) enter a judgment that: 19
222218
223- (b) At the hearing, any interested party shall have the right to be heard and to 20
224-contest the delinquency of the taxes and the adequacy of the proceedings. 21
219+ (i) proper notice has been provided to all interested parties; and 20
225220
226- (c) If the circuit court finds that the county or municipal corporation sent notice 22
227-and a copy of the complaint to each interested party in accordance with § 14–875(d) of this 23
228-subtitle and that the information set forth in the complaint is accurate, the court shall: 24
221+ (ii) the real property is: 21
229222
230- (1) enter a judgment that: 25
223+ 1. a vacant lot or an improved property cited as vacant and 22
224+unsafe or unfit for habitation or other authorized use on a housing or building violation 23
225+notice; OR 24
231226
232- (i) proper notice has been provided to all interested parties; and 26
227+ 2. A VACANT PROPERTY OR A NUISANCE PROPERTY , AS 25
228+DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; and 26
233229
234- (ii) the real property is: 27
230+ (2) order that ownership of the real property be transferred to the county 27
231+or municipal corporation on behalf of which the complaint was filed. 28
235232
236- 1. a vacant lot or an improved property cited as vacant and 28
237-unsafe or unfit for habitation or other authorized use on a housing or building violation 29
238-notice; OR 30
233+ (d) (1) The county or municipal corporation shall record a judgment under 29
234+subsection (c) of this section in the land records of the county. 30
239235 6 HOUSE BILL 921
240236
241237
242- 2. A VACANT PROPERTY OR A NUISANCE PROPERTY , AS 1
243-DETERMINED UNDER THE BALTIMORE CITY BUILDING CODE; and 2
238+ (2) The title acquired in an in rem foreclosure proceeding shall be an 1
239+absolute or fee simple title including the right, title, and interest of each of the defendants 2
240+in the proceeding whose property has been foreclosed unless a different title is specified in 3
241+the judgment entered. 4
244242
245- (2) order that ownership of the real property be transferred to the county 3
246-or municipal corporation on behalf of which the complaint was filed. 4
243+ (3) A judgment in an action under this part is binding and conclusive, 5
244+regardless of legal disability, on: 6
247245
248- (d) (1) The county or municipal corporation shall record a judgment under 5
249-subsection (c) of this section in the land records of the county. 6
246+ (i) all persons, known and unknown, who were parties to the action 7
247+and who had a claim to the property, whether present or future, vested or contingent, legal 8
248+or equitable, or several or undivided; and 9
250249
251- (2) The title acquired in an in rem foreclosure proceeding shall be an 7
252-absolute or fee simple title including the right, title, and interest of each of the defendants 8
253-in the proceeding whose property has been foreclosed unless a different title is specified in 9
254-the judgment entered. 10
250+ (ii) all persons who were not parties to the action and had a claim to 10
251+the property that was not recorded at the time that the action was commenced. 11
255252
256- (3) A judgment in an action under this part is binding and conclusive, 11
257-regardless of legal disability, on: 12
253+14–877. 12
258254
259- (i) all persons, known and unknown, who were parties to the action 13
260-and who had a claim to the property, whether present or future, vested or contingent, legal 14
261-or equitable, or several or undivided; and 15
255+ (A) IN THIS SECTION, “SURPLUS PROCEEDS ” MEANS THE PROCEEDS F ROM 13
256+THE SALE OF PROPERTY SOLD WITHIN 1 YEAR FROM WHEN THE P ROPERTY WAS 14
257+OBTAINED BY A COUNTY OR MUNICIPAL CORPORA TION THROUGH AN IN R EM 15
258+FORECLOSURE , THAT EXCEED THE SUM O F: 16
262259
263- (ii) all persons who were not parties to the action and had a claim to 16
264-the property that was not recorded at the time that the action was commenced. 17
260+ (1) THE DELINQUENT TAXES , FEES, AND PENALTIES ON THE 17
261+PROPERTY; AND 18
265262
266-14–877. 18
263+ (2) THE VALUE OF ALL IMP ROVEMENTS MADE ON TH E PROPERTY AND 19
264+ALL COSTS INCURRED W ITH RESPECT TO DEVEL OPMENT OF THE PROPER TY PRIOR 20
265+TO THE SALE BY THE C OUNTY OR MUN ICIPAL CORPORATION . 21
267266
268- (A) IN THIS SECTION, “SURPLUS PROCEEDS ” MEANS THE PROCEEDS F ROM 19
269-THE SALE OF PROPERTY SOLD WITHIN 1 YEAR FROM WHEN THE P ROPERTY WAS 20
270-OBTAINED BY A COUNTY OR MUNICIPAL CORPORA TION THROUGH AN IN R EM 21
271-FORECLOSURE , THAT EXCEED THE SUM OF: 22
267+ (B) (1) SURPLUS PROCEEDS SHAL L BE HELD BY A COUNT Y OR 22
268+MUNICIPALITY FOR A P ERIOD OF 12 MONTHS. 23
272269
273- (1) THE DELINQUENT TAXES , FEES, AND PENALTIES ON THE 23
274-PROPERTY; AND 24
270+ (2) AFTER 12 MONTHS, SURPLUS PROCEEDS SHA LL BE DISTRIBUTED 24
271+TO ANY PERSON WITH A N OUTSTANDING CLAIM ON THE PROPERTY , IN ORDER OF 25
272+PRIORITY. 26
275273
276- (2) THE VALUE OF ALL IMP ROVEMENTS MADE ON TH E PROPERTY AND 25
277-ALL COSTS INCURRED W ITH RESPECT TO DEVEL OPMENT OF THE PROPER TY PRIOR 26
278-TO THE SALE BY THE C OUNTY OR MUNICIPAL C ORPORATION . 27
274+ (C) EACH COUNTY AND MUNIC IPALITY SHALL MAINTA IN A LIST OF 27
275+PROPERTIES OBTAINED THROUGH IN REM FOREC LOSURE THAT HAVE BEE N SOLD 28
276+WITHIN 1 YEAR FROM WHEN THE P ROPERTY WAS OBTAINED AND FOR WHICH THE 29
277+SALE HAS RESULTED IN SURPLUS PROCEEDS . 30
279278
280- (B) (1) SURPLUS PROCEEDS SHAL L BE HE LD BY A COUNTY OR 28
281-MUNICIPALITY FOR A P ERIOD OF 12 MONTHS. 29
282-
283- (2) AFTER 12 MONTHS, SURPLUS PROCEEDS SHA LL BE DISTRIBUTED 30
284-TO ANY PERSON WITH A N OUTSTANDING CLAIM ON THE PROPERTY , IN ORDER OF 31
285-PRIORITY. 32
279+14–878. 31
286280 HOUSE BILL 921 7
287281
288282
289- (C) EACH COUNTY AND MUNIC IPALITY SHALL MAINTA IN A LIST OF 1
290-PROPERTIES OBTAINED THROUGH IN REM FOREC LOSURE THAT HAVE BEE N SOLD 2
291-WITHIN 1 YEAR FROM WHEN THE P ROPERTY WAS OBTAINED AND FOR WHICH THE 3
292-SALE HAS RESULTED IN SURPLUS PROCEEDS . 4
283+ (A) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION , A 1
284+COURT MAY NOT REOPEN A JUDGMENT RENDERED IN AN IN REM FORECLO SURE 2
285+PROCEEDING IN ACCORD ANCE WITH THIS PART EXCEPT ON THE GROUND OF LACK 3
286+OF JURISDICTION OR F RAUD IN THE CONDUCT OF THE PROCEEDINGS T O 4
287+FORECLOSE. 5
293288
294-14–878. 5
289+ (2) A COURT MAY NOT REOPEN ANY JUDGMENT UNDER P ARAGRAPH 6
290+(1) OF THIS SUBSECTION O N THE GROUND OF CONS TRUCTIVE FRAUD IN TH E 7
291+CONDUCT OF THE PROCE EDINGS TO FORECLOSE UNLESS AN APPLICATIO N TO 8
292+REOPEN A JUDGMENT RE NDERED IS FILED WITH IN 1 YEAR FROM T HE DATE OF THE 9
293+JUDGMENT. 10
295294
296- (A) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION , A 6
297-COURT MAY NOT REOPEN A JUDGMENT RENDERED IN AN IN REM FORECLO SURE 7
298-PROCEEDING IN ACCORD ANCE WITH THIS PART EXCEPT ON THE GROUND OF LACK 8
299-OF JURISDICTION OR F RAUD IN THE CONDUCT OF THE PROCEEDINGS T O 9
300-FORECLOSE. 10
295+ (B) A PLAINTIFF IN AN ACTI ON TO REOPEN AN IN R EM FORECLOSURE 11
296+JUDGMENT SHALL : 12
301297
302- (2) A COURT MAY NOT REOPEN ANY JUDGMENT UNDER PARAGRAPH 11
303-(1) OF THIS SUBSECTION O N THE GROUND OF CONS TRUCTIVE FRAUD IN TH E 12
304-CONDUCT OF THE PROCE EDINGS TO FORECLOSE UNLESS AN APPLICATIO N TO 13
305-REOPEN A JUDGMENT RE NDERED IS FILED WITH IN 1 YEAR FROM THE DATE O F THE 14
306-JUDGMENT. 15
298+ (1) EXCEPT AS PROVIDED I N SUBSECTION (A)(2) OF THIS SECTION , 13
299+FILE THE ACTION WITH IN 3 YEARS OF THE ISSUANC E OF THE IN REM FORE CLOSURE 14
300+JUDGMENT; AND 15
307301
308- (B) A PLAINTIFF IN AN ACTI ON TO REOPEN AN IN REM FOR ECLOSURE 16
309-JUDGMENT SHALL : 17
302+ (2) WITHIN 30 DAYS OF FILING THE A CTION, SUBMIT EVIDENCE TO 16
303+THE COURT THAT THE P LAINTIFF HAS OBTAINE D A BOND EQUAL TO TH E 17
304+REASONABLE VALUE OF THE PROPERTY . 18
310305
311- (1) EXCEPT AS PROVIDED I N SUBSECTION (A)(2) OF THIS SECTION , 18
312-FILE THE ACTION WITH IN 3 YEARS OF THE ISSUANC E OF THE IN REM FORE CLOSURE 19
313-JUDGMENT; AND 20
306+ (C) IF AN IN REM FORECLOS URE JUDGMENT OF THE COURT IS SET ASIDE , 19
307+THE AMOUNT REQUIRED TO REDEEM IS: 20
314308
315- (2) WITHIN 30 DAYS OF FILING THE A CTION, SUBMIT EVIDENCE TO 21
316-THE COURT THAT THE P LAINTIFF HAS OBTAINE D A BOND EQUAL TO TH E 22
317-REASONABLE VALUE OF THE PROPERTY . 23
309+ (1) THE AMOUNT REQUIRED BY THIS SUBTITLE; AND 21
318310
319- (C) IF AN IN REM FORECLOS URE JUDGMENT OF THE COURT IS SET ASIDE , 24
320-THE AMOUNT REQUIRED TO REDEEM IS: 25
311+ (2) THE REASONABLE VALUE , AT THE DATE THE JUDG MENT IS SET 22
312+ASIDE, OF ALL IMPROVEMENTS MADE ON THE PROPERTY AND ALL COSTS INCURR ED 23
313+WITH RESPECT TO DEVE LOPMENT OF THE PROPE RTY BY THE PURCHASER AND THE 24
314+PURCHASER’S SUCCESSORS IN INTE REST. 25
321315
322- (1) THE AMOUNT REQUIRED BY THIS SUBTITLE; AND 26
316+ SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 26
317+October 1, 2023. 27
323318
324- (2) THE REASONABLE VALUE , AT THE DATE THE JUDG MENT IS SET 27
325-ASIDE, OF ALL IMPROVEMENTS MADE ON THE PROPERTY AND ALL COSTS INCURR ED 28
326-WITH RESPECT TO DEVE LOPMENT OF THE PROPE RTY BY THE PURCHASER AND THE 29
327-PURCHASER ’S SUCCESSORS IN INTE REST. 30
328-
329-14–892. RESERVED. 31
330-
331-14–893. RESERVED. 32
332- 8 HOUSE BILL 921
333-
334-
335-PART VIII. BALTIMORE CITY JUDICIAL IN REM FORECLOSURE FOR VACANT OR 1
336-NUISANCE PROPERTY. 2
337-
338-14–894. 3
339-
340- (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 4
341-INDICATED. 5
342-
343- (2) “INTERESTED PARTY ” MEANS ANY PERSON HAV ING AN INTEREST 6
344-IN A VACANT OR NUISA NCE PROPERTY : 7
345-
346- (I) WHO LAST APPEARS AS OWNER OF THE PROPERT Y ON THE 8
347-COLLECTOR’S TAX ROLL; 9
348-
349- (II) WHO IS A MORTGAGEE O F THE PROPERTY OR AS SIGNEE OF 10
350-A MORTGAGE OF RECORD ; 11
351-
352- (III) WHO IS A HOLDER OF A BENEFICIAL INTE REST IN A DEED OF 12
353-TRUST RECORDED AGAIN ST THE PROPERTY ; 13
354-
355- (IV) WHO IS A TAXING AGEN CY THAT HAS THE AUTH ORITY TO 14
356-COLLECT TAX ON THE P ROPERTY; OR 15
357-
358- (V) WHOSE IDENTITY AND A DDRESS ARE: 16
359-
360- 1. REASONABLY ASCERTAIN ABLE FROM THE COUNTY 17
361-LAND RECORDS ; OR 18
362-
363- 2. REVEALED BY A FULL T ITLE SEARCH CONSISTI NG OF 19
364-AT LEAST 50 YEARS. 20
365-
366- (3) “TAX” HAS THE MEANING STAT ED IN § 14–801 OF THIS SUBTITLE . 21
367-
368- (4) “VACANT OR NUISANCE PR OPERTY” MEANS A VACANT LOT O R 22
369-IMPROVED PROPERTY DE TERMINED TO BE A VAC ANT PROPERTY OR A NU ISANCE 23
370-PROPERTY UNDER THE BALTIMORE CITY BUILDING CODE. 24
371-
372- (5) “VALUE” MEANS THAT THE TOTAL AMOUNT OF LIENS FOR UNPAID 25
373-TAXES ON A PROPERTY DOES NOT EXCEED THE LESSER OF THE TOTAL VALUE OF THE 26
374-PROPERTY AS LAST DET ERMINED BY THE DEPARTMENT OR AS DETE RMINED BY AN 27
375-APPRAISAL REPORT PRE PARED NOT MORE THAN 6 MONTHS BEFORE THE FI LING OF 28
376-A COMPLAINT UNDER TH IS SECTION BY A REAL ESTATE APPRAISER WHO IS 29
377-LICENSED UNDER TITLE 16 OF THE BUSINESS OCCUPATIONS AND PROFESSIONS 30
378-ARTICLE. 31 HOUSE BILL 921 9
379-
380-
381-
382- (B) (1) IN ACCORDANCE WITH TH IS SECTION, BALTIMORE CITY MAY 1
383-AUTHORIZE, BY LAW, AN IN REM FORECLOSUR E OF VACANT OR NUISA NCE PROPERTY 2
384-ON WHICH THE TAXES A RE IN ARREARS. 3
385-
386- (2) A LAW THAT AUTHORIZES AN IN REM FO RECLOSURE OF VACANT 4
387-OR NUISANCE PROPERTY SHALL: 5
388-
389- (I) STATE THE DATE AFTER WHICH REAL PROPERTY MAY BE 6
390-SUBJECT TO IN REM FO RECLOSURE; 7
391-
392- (II) ESTABLISH CRITERIA F OR DESIGNATING REAL PROPERTY 8
393-TO BE FORECLOSED UND ER THIS SECTION; 9
394-
395- (III) AUTHORIZE BALTIMORE CITY TO FILE A COMPLA INT FOR 10
396-AN IN REM FORECLOSUR E; AND 11
397-
398- (IV) INCLUDE ADMINISTRATI VE RULES AND PROCEDU RES 12
399-NECESSARY TO CARRY O UT AN IN REM FORECLO SURE OF VACANT OR NU ISANCE 13
400-PROPERTY. 14
401-
402- (C) BALTIMORE CITY MAY NOT FILE A C OMPLAINT FOR AN IN R EM 15
403-FORECLOSURE ACTION U NDER THIS SECTION UN LESS: 16
404-
405- (1) THE TAXES ON THE REA L PROPERTY HAVE BEEN DELINQUENT 17
406-FOR AT LEAST 6 MONTHS; AND 18
407-
408- (2) THE RIGHT TO APPEAL THE NOTICE OF THE PR OPERTY AS VACANT 19
409-OR NUISANCE PROPERTY HAS TOLLED. 20
410-
411- (D) TO INITIATE AN IN REM FORECLOSURE ACTION , BALTIMORE CITY 21
412-SHALL: 22
413-
414- (1) FILE A COMPLAINT FOR AN IN REM FORECLOSUR E IN THE CIRCUIT 23
415-COURT FOR BALTIMORE CITY; AND 24
416-
417- (2) SERVE THE COMPLAINT TO EACH INTERESTED P ARTY IN 25
418-ACCORDANCE WITH THE MARYLAND RULES. 26
419-
420- (E) ALL TAXES SHALL: 27
421-
422- (1) BE INCLUDED IN THE F ORECLOSURE ACTION ; AND 28
423- 10 HOUSE BILL 921
424-
425-
426- (2) CEASE TO BE A LIEN A GAINST THE PROPERTY IF A JUDGMENT IS 1
427-ENTERED FORECLOSING THE EXISTING INTERES TS OF ALL INTERESTED PARTIES IN 2
428-THE PROPERTY . 3
429-
430- (F) THE COMPLAINT FOR AN IN REM FORECLOSURE S HALL INCLUDE : 4
431-
432- (1) THE NAME AND ADDRESS OF THE APPROPRIATE A GENCY OF 5
433-BALTIMORE CITY; 6
434-
435- (2) A DESCRIPTION OF THE PROPERTY AS IT APPEA RS IN THE LAND 7
436-RECORDS; 8
437-
438- (3) THE TAX IDENTIFICATI ON NUMBER OF THE PRO PERTY; 9
439-
440- (4) A STATEMENT THAT THE TAXES ARE DELINQUENT AT THE TIME OF 10
441-THE FILING; 11
442-
443- (5) THE AMOUNT OF TAXES THAT ARE DELINQUENT AS OF THE DATE 12
444-OF THE FILING; 13
445-
446- (6) THE NAMES AND LAST K NOWN ADDRESSES OF AL L INTERESTED 14
447-PARTIES IN THE PROPE RTY AND, IF APPLICABLE, A STATEMENT THAT THE ADDRESS 15
448-OF A PARTICULAR INTE RESTED PARTY IN THE PROPE RTY IS UNKNOWN ; 16
449-
450- (7) A STATEMENT THAT THE REAL PROPERTY IS A V ACANT OR 17
451-NUISANCE PROPERTY ; 18
452-
453- (8) COPIES OF ANY VIOLAT ION NOTICE CITED UND ER ITEM (7) OF 19
454-THIS SUBSECTION ; AND 20
455-
456- (9) A REQUEST THAT THE C IRCUIT COURT ENTER A JUDGMENT THAT 21
457-FORECLOSES THE EXIST ING INTERESTS OF ALL INTERESTED PARTIES I N THE REAL 22
458-PROPERTY. 23
459-
460- (G) A COMPLAINT FOR AN IN REM FORECLOSURE MAY BE AMENDED TO 24
461-INCLUDE ALL TAXES TH AT BECOME DELINQUENT AFTER THE COMMENCEME NT OF 25
462-THE IN REM FORECLOSU RE ACTION. 26
463-
464- (H) (1) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION , AN 27
465-INTERESTED PARTY HAS THE RIGHT TO CURE TH E DELINQUENT TAXES O N THE 28
466-PROPERTY BY PAYING A LL PAST DUE TAXES AT ANY TIME BEFORE THE ENTRY OF 29
467-THE FORECLOSURE JUDG MENT. 30
468- HOUSE BILL 921 11
469-
470-
471- (2) THE RIGHT TO CURE THE DELINQUENT TAXE S ON THE PROPERTY 1
472-IS EXTINGUISHED ONCE THE FORECLOSURE JUDG MENT IS ENTERED . 2
473-
474- (I) THE CIRCUIT COURT MAY NOT SET A HEARING FO R AN IN REM 3
475-FORECLOSURE UNTIL 30 DAYS AFTER THE COMPL AINT FOR AN IN REM 4
476-FORECLOSURE IS FILED . 5
477-
478- (J) AT THE HEARING , ANY INTERESTED P ARTY SHALL HAVE THE RIGHT TO 6
479-BE HEARD AND TO CONT EST THE DELINQUENCY OF THE TAXES AND THE ADEQUACY 7
480-OF THE PROCEEDINGS . 8
481-
482- (K) IF THE CIRCUIT COURT FINDS THAT THE COMPL AINT WAS SERVED ON 9
483-EACH INTERESTED PART Y AND THAT THE INFOR MATION SET FORTH IN THE 10
484-COMPLAINT IS ACCURAT E, THE COURT SHALL : 11
485-
486- (1) ENTER A JUDGMENT THA T: 12
487-
488- (I) PROPER NOTICE HAS BE EN PROVIDED TO ALL I NTERESTED 13
489-PARTIES; 14
490-
491- (II) THE REAL PROPERTY IS A VACANT OR NUISANCE PROPERTY; 15
492-AND 16
493-
494- (III) FORECLOSES THE EXIST ING INTERESTS OF ALL 17
495-INTERESTED PARTIES IN THE REAL PROPERTY ; AND 18
496-
497- (2) ORDER THAT OWNERSHIP OF THE REAL PROPERTY BE 19
498-TRANSFERRED TO BALTIMORE CITY. 20
499-
500- (L) BALTIMORE CITY SHALL RECORD A J UDGMENT UNDER SUBSEC TION (K) 21
501-OF THIS SECTION IN T HE LAND RECORDS . 22
502-
503- (M) (1) IF PROPERTY SUBJECT T O FORECLOSURE UNDER THIS SECTION 23
504-HAS VALUE, BALTIMORE CITY SHALL: 24
505-
506- (I) SELL THE PROPERTY AT PUBLIC AUCTION IN AC CORDANCE 25
507-WITH SUBSECTION (N) OF THIS SECTION; OR 26
508-
509- (II) COMPENSATE THE INTER ESTED PARTIES IN THE PROPERTY 27
510-IN ACCORDA NCE WITH SUBSECTION (O) OF THIS SECTION. 28
511-
512- (2) IF PROPERTY SUBJECT T O FORECLOSURE UNDER THIS SECTION 29
513-DOES NOT HAVE VALUE , BALTIMORE CITY MAY RETAIN TITLE TO THE PROPERTY 30
514-WITHOUT PROVIDING CO MPENSATION TO THE IN TERESTED PARTIES . 31 12 HOUSE BILL 921
515-
516-
517-
518- (N) (1) A SALE OF PROPERTY SUBJECT TO FORECLOSURE UNDER TH IS 1
519-SECTION SHALL BE CON DUCTED AT PUBLIC AUC TION IN ACCORDANCE W ITH THE 2
520-MARYLAND RULES. 3
521-
522- (2) PROPERTY MAY NOT BE S OLD UNTIL AT LEAST 45 DAYS AFTER THE 4
523-ENTRY OF JUDGMENT OF FORECLOSURE . 5
524-
525- (3) THE MINIMUM BID FOR T HE SALE OF THE PROPERTY SHALL BE 6
526-THE TOTAL AMOUNT OF LIENS FOR UNPAID TAX ES ON THE PROPERTY . 7
527-
528- (4) THE PROPERTY SHALL BE SOLD TO THE PERSON M AKING THE 8
529-HIGHEST BID. 9
530-
531- (5) THE PERSON MAKING THE HIGHEST BID SHALL PA Y THE FULL BID 10
532-AMOUNT TO BALTIMORE CITY. 11
533-
534- (6) IF THE MINIMUM BID IS NOT MADE OR EXCEEDED , BALTIMORE 12
535-CITY MAY BID THE MINI MUM BID PRICE AND PU RCHASE THE PROPERTY . 13
536-
537- (7) BALTIMORE CITY SHALL DEPOSIT IN AN ESCROW ACCOUNT AN Y 14
538-AMOUNT BY WHICH THE HIGHEST BID EXCEEDS : 15
539-
540- (I) THE AMOUNT OF TAXES DUE ON THE PROPERTY ; AND 16
541-
542- (II) THE VALUE OF ALL IMP ROVEMENTS MADE ON TH E 17
543-PROPERTY AND ALL COS TS INCURRED WITH RES PECT TO DEVELOPMENT OF THE 18
544-PROPERTY BEFORE THE SALE OF THE PROPERTY BY BALTIMORE CITY. 19
545-
546- (8) THE CIRCUIT COURT SHA LL DISTRIBUTE THE FU NDS DEPOSITED 20
547-INTO THE ESCROW ACCO UNT TO THE INTERESTE D PARTIES IN THE ORD ER OF 21
548-PRIORITY OF THE INTE RESTS OF THE INTERES TED PARTIES. 22
549-
550- (9) AFTER A SALE , BALTIMORE CITY SHALL FILE A NOT ICE 23
551-INFORMING THE CIRCUI T COURT OF THE SALE AND STATING THE DATE OF THE SALE, 24
552-THE SALE PRICE, AND THE IDENTITY OF THE PURCHASER . 25
553-
554- (10) A SALE OF A PROPERTY U NDER THIS SECTION IS FINAL AND 26
555-BINDING ON THE MAKER OF THE HIGHEST BID . 27
556-
557- (O) (1) TO COMPENSATE THE INT ERESTED PARTIES IN A PROPERTY THAT 28
558-HAS VALUE WITHOUT SE LLING THE PROPERTY , BALTIMORE CITY SHALL: 29
559- HOUSE BILL 921 13
560-
561-
562- (I) OBTAIN AN APPRAISAL OF THE PROPERTY BY A REAL 1
563-ESTATE APPRAISER WHO IS LICENSED UNDER TITLE 16 OF THE BUSINESS 2
564-OCCUPATIONS AND PROFESSIONS ARTICLE; AND 3
565-
566- (II) DEPOSIT IN AN ESCROW ACCOUNT THE AMOUNT B Y WHICH 4
567-THE APPRAISAL EXCEED S THE AMOUNT OF TAXE S DUE ON THE PROPERT Y. 5
568-
569- (2) THE CIRCUIT COURT SHA LL DISTRIBUTE THE FU NDS DEPOSITED 6
570-INTO THE ESCROW ACCO UNT TO THE INTERESTE D PARTIES IN THE ORD ER OF 7
571-PRIORITY OF THE INTERESTS OF THE INT ERESTED PARTIES . 8
572-
573- (P) (1) THE TITLE ACQUIRED IN AN IN REM FORECLOSUR E PROCEEDING 9
574-SHALL BE AN ABSOLUTE OR FEE SIMPLE TITLE INCLUDING THE RIGHT , TITLE, AND 10
575-INTEREST OF EACH OF THE DEFENDANTS IN TH E PROCEEDING WHOSE P ROPERTY 11
576-HAS BEEN FOR ECLOSED UNLESS A DIF FERENT TITLE IS SPEC IFIED IN THE 12
577-JUDGMENT ENTERED . 13
578-
579- (2) A JUDGMENT IN AN ACTIO N UNDER THIS SECTION IS BINDING AND 14
580-CONCLUSIVE, REGARDLESS OF LEGAL DISABILITY, ON: 15
581-
582- (I) ALL PERSONS, KNOWN AND UNKNOWN , WHO WERE PARTIES 16
583-TO THE ACTION A ND WHO HAD A CLAIM T O THE PROPERTY , WHETHER PRESENT OR 17
584-FUTURE, VESTED OR CONTINGENT , LEGAL OR EQUITABLE , OR SEVERAL OR 18
585-UNDIVIDED; AND 19
586-
587- (II) ALL PERSONS WHO WERE NOT PARTIES TO THE A CTION AND 20
588-HAD A CLAIM TO THE P ROPERTY THAT WAS NOT RECORDED AT THE TIME THAT THE 21
589-ACTION WAS COMMENCED . 22
590-
591- (Q) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION , A 23
592-COURT MAY NOT REOPEN A JUDGMENT RENDERED IN AN IN REM FORECLO SURE 24
593-PROCEEDING IN ACCORD ANCE WITH THIS SECTI ON EXCEPT ON THE GRO UND OF 25
594-LACK OF JURISDICTION OR FRAUD IN THE CONDUCT OF THE PROCEEDINGS T O 26
595-FORECLOSE. 27
596-
597- (2) A COURT MAY NOT REOPEN ANY JUDGMENT UNDER P ARAGRAPH 28
598-(1) OF THIS SUBSECTION O N THE GROUND OF CONS TRUCTIVE FRAUD IN TH E 29
599-CONDUCT OF THE PROCE EDINGS TO FORECLOSE UNLESS AN APPLICATIO N TO 30
600-REOPEN A JU DGMENT RENDERED IS F ILED WITHIN 1 YEAR AFTER THE DATE OF THE 31
601-JUDGMENT. 32
602-
603- (R) A PLAINTIFF IN AN ACTI ON TO REOPEN AN IN R EM FORECLOSURE 33
604-JUDGMENT UNDER THIS SECTION SHALL : 34
605- 14 HOUSE BILL 921
606-
607-
608- (1) EXCEPT AS PROVIDED I N SUBSECTION (Q)(2) OF THIS SECTION , 1
609-FILE THE ACTION WITH IN 3 YEARS AFTER THE ISSU ANCE OF THE IN REM 2
610-FORECLOSURE JUDGMENT ; 3
611-
612- (2) PAY ALL TAXES DUE ON THE PROPERTY BEFORE FILING THE 4
613-ACTION; AND 5
614-
615- (3) WITHIN 30 DAYS AFTER FILING TH E ACTION, SUBMIT EVIDENCE 6
616-TO THE COURT THAT TH E PLAINTIFF HAS OBTA INED A BOND EQUAL TO THE 7
617-REASONABLE VALUE OF THE PROPERTY . 8
618-
619- (S) IF AN IN REM FORECLOS URE JUDGMENT OF THE COURT IS SET ASIDE , 9
620-THE AMOUNT REQUIRED TO REDEEM IS EQUAL T O THE SUM OF: 10
621-
622- (1) THE AMOUNT REQUIRED BY TH IS SUBTITLE; AND 11
623-
624- (2) THE REASONABLE VALUE , AT THE DATE THE JUDG MENT IS SET 12
625-ASIDE, OF ALL IMPROVEMENTS MADE ON THE PROPERTY AND ALL COSTS INCURR ED 13
626-WITH RESPECT TO DEVE LOPMENT OF THE PROPE RTY BY THE PURCHASER AND THE 14
627-PURCHASER ’S SUCCESSORS IN INTEREST . 15
628-
629- SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 16
630-October 1, 2023. 17
631-
632-
633-
634-
635-Approved:
636-________________________________________________________________________________
637- Governor.
638-________________________________________________________________________________
639- Speaker of the House of Delegates.
640-________________________________________________________________________________
641- President of the Senate.