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Baltimore City Rental Property License and Registration – How to Register

Baltimore City Rental Property License and Registration – How to Register

Baltimore City implemented a new registration system for registering rent property, vacant property, and vacant lots.  In the past, forms and payment could be submitted by mail or by hand delivering the paper work to the One-Stop Permit Office on Fayette Street.  This year, all registration is required to be done on-line and all payments […]

Fair Housing Laws in Maryland

Fair Housing Laws in Maryland

Fair Housing Laws were introduced to America with the Civil Rights Act in 1964 and the Fair Housing Act in 1968. These laws reinforced the notion that every person, regardless of race, class, and religion, had the right to buy or rent property regardless of the color of their skin, their religious beliefs, or their […]

Maryland Ground Rents

Maryland Ground Rents

Property Owners Have Little to Fear From Maryland Ground Rent Title to real property in Maryland is either “in fee simple“‘; meaning there is no ground rent, or “subject to a ground rent” in which case it is known as “leasehold property.” Ground rents originated in Maryland when ownership of land was concentrated among the […]

Security Deposit Interest Rate for Maryland Residential Tenants

Security Deposit Interest Rate for Maryland Residential Tenants

Landlords must pay 2.6% interest on residential security deposits for calendar year 2019.  Interest is computed monthly.  The rate is mandated by Maryland Law to be the greater of 1.5% or the US Treasury Yield Curve Rate for 1-year on the first business day of each year.   Click here: https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/textview.aspx?data=yield On January 2, 2019, […]