Maryland Code, NATURAL RESOURCES 5-9B-03
Terms Used In Maryland Code, NATURAL RESOURCES 5-9B-03
- County: means a county of the State or Baltimore City. See
- including: means includes or including by way of illustration and not by way of limitation. See
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(b) An easement acquired under this subtitle is perpetual and may not be extinguished or released.
(c) (1) In a county with a locally adopted transferable development rights program and with the approval of the county, funds under a program may be used to purchase transferable development rights in the county in accordance with the locally adopted transferable development rights program.
(2) The right to resell the development right, if any, shall be stated in the instrument of purchase.
(3) Transferable development rights may be resold only to owners or option purchasers of real property located in priority funding areas, including municipal corporations, within the county in which the rights were purchased.
(d) All easement acquisitions must be recorded among the land records where the real property is located.