<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="Regulation .08 Property Eligibility.">
  <section prefix="Regulation" num=".08" heading="Property Eligibility.">
    <para num="A.">The Department may consider a property eligible for the Fixed Pricing Program if the property is assessed at less than $100,000.</para>
    <para num="B.">Properties Assessed Over $100,000
For a property assessed at over $100,000, the Department may perform an internal valuation to determine:<para num="(1)">Whether the property is eligible for the Fixed Pricing Program; and</para>
      <para num="(2)">A sale price for a property through the Fixed Pricing Program.</para>
    </para>
    <para num="C.">If the valuation determined under &lt;cite data-path="07.03.03.08|B.|(1)"&gt;§B(1) of this regulation&lt;/cite&gt; 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.</para>
    <para num="D.">If the valuation determined under &lt;cite data-path="07.03.03.08|B.|(1)"&gt;§B(1) of this regulation&lt;/cite&gt; 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.</para>
  </section>
</baltimore-city-law>
