Regulation .08 Property Eligibility.
Current through 2026-01-20. Source: COBRA Register Volume 04, Issue 02. Published by the Baltimore City Department of Legislative Reference.
Balt., Md., COBRA § 07.03.03.08 (2026)
Regulation .08 Property Eligibility.LinkCopy Citation
A.
The Department may consider a property eligible for the Fixed Pricing Program if the property is assessed at less than $100,000.
B.
Properties Assessed Over $100,000
For a property assessed at over $100,000, the Department may perform an internal valuation to determine:
(1)
Whether the property is eligible for the Fixed Pricing Program; and
(2)
A sale price for a property through the Fixed Pricing Program.
C.
If the valuation determined under <cite data-path="07.03.03.08|B.|(1)">§B(1) of this regulation</cite> finds the true value of the assessed property to be less than $100,000, the Department may consider the property eligible for sale under the Fixed Pricing Program.
D.
If the valuation determined under <cite data-path="07.03.03.08|B.|(1)">§B(1) of this regulation</cite> finds the true value of the assessed property to be $100,000 or greater, the Department may not consider the property eligible under the Fixed Pricing Program.