Section 14-816 - Sale of property subject to a ground rent.
§ 14-816. Sale of property subject to a ground rent.
(a) In general.- Except as provided in subsection (b) of this section, when any property subject to sale under this subtitle is subject to a ground rent or lease for a term of 99 years renewable forever, the collector shall sell the leasehold interest only, with the improvements erected on the leasehold interest, if any; provided, however, that any property sold, subject to a ground rent or lease under this section, to a bona fide purchaser for value or the government of the jurisdiction conducting the sale, upon foreclosure of the rights of redemption, is not subject to any claim for rent unpaid, due, or accruing prior to the date of the judgment of foreclosure.
(b) Abandoned property.- If abandoned property in Baltimore City sold under § 14-817(c) of this subtitle with a minimum bid less than the lien amount is subject to a ground rent or lease for a term of 99 years renewable forever, the collector shall sell the whole fee simple interest in the property.
(c) Termination of claims.- The termination of claims on property sold under subsection (a) of this section shall not foreclose any personal claims against previous holders of the interest sold, for rent unpaid, due, or accruing prior to the date of the judgment of foreclosure.
[An. Code 1957, art. 81, § 79; 1985, ch. 8, § 2; 1994, ch. 461; 2002, ch. 401.]