Maryland Code, TAX – PROPERTY 14-604
Current as of: 2023 | Check for updates
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Terms Used In Maryland Code, TAX - PROPERTY 14-604
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County: means a county of the State or Baltimore City. See
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The Mayor and City Council of Baltimore City or the governing body of a county or of a municipal corporation may set, by law, an interest charge for:
(1) overdue final determination of estimated county or municipal corporation property tax on personal property or operating property; or
(2) overdue 1/4, 1/2, or 3/4 year county or municipal corporation property tax or taxing district property tax on real property.