Maryland Code, NATURAL RESOURCES 5-304
Terms Used In Maryland Code, NATURAL RESOURCES 5-304
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See - Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
(1) Submit a woodland management plan to the Department;
(2) File an application with the Department stating:
(i) The practice to be implemented;
(ii) The approximate cost of the practice to be implemented; and
(iii) A description of the land or lands upon which the practice is to be implemented;
(3) File a statement of intent stating that the owner:
(i) Intends to use the cost-share assistance for long-range timber growing and improvement; and
(ii) If there is joint tenancy, tenancy in common, or group ownership, has no knowledge of another application that is pending for cost-share assistance to be used on the land described in the application; and
(4) Submit other information required by the Department.
(b) An owner may not receive a total of State and federal cost share assistance in an amount that exceeds 100% of the actual cost of the approved practice.