<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="Regulation .04 Price.">
  <section prefix="Regulation" num=".04" heading="Price.">
    <para num="A.">In General.
The Department shall sell a property through the Fixed Pricing Program at the price established in the approved Fixed Pricing Policy and required by these regulations.</para>
    <para num="B.">Fixed Price Established for Vacant Buildings.<para num="(1)">A developer shall pay $3000.</para>
      <para num="(2)">A large 501(c)(3) nonprofit shall pay $3000.</para>
      <para num="(3)">A small 501(c)(3) nonprofit shall pay $1000.</para>
      <para num="(4)">A community land trust shall pay $1.</para>
      <para num="(5)">A homeowner shall pay $1.</para>
    </para>
    <para num="C.">Fixed Price Established for Vacant Lots.<para num="(1)">A developer shall pay $1000.</para>
      <para num="(2)">A large 501(c)(3) nonprofit shall pay $1000.</para>
      <para num="(3)">A small 501(c)(3) nonprofit shall pay $500.</para>
      <para num="(4)">A community land trust shall pay $1.</para>
      <para num="(5)">A homeowner shall pay $1.</para>
    </para>
    <para num="D.">If a property is assessed for less than the fixed price established in &lt;cite data-path="07.03.03.04"&gt;this regulation&lt;/cite&gt;, then the Department shall sell the property at the value assessed.</para>
  </section>
</baltimore-city-law>
