Sec. 13-1162. Property acquisition and disposition powers
Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.
Prince George's County, Md., Code § 13-1162 (2026)
Sec. 13-1162. Property acquisition and disposition powersLinkCopy Citation
(a)
The Authority may:
(1)
Acquire real property, rights or interests in real property, directly, or through a person or governmental entity, by gift, devise, transfer, exchange, foreclosure, purchase, or otherwise on terms and conditions and in a manner the Authority considers proper;
(2)
Own property in the Authority's name, including tax foreclosed property and property without clear title;
(3)
Sell, lease as lessor, transfer, and dispose of the Authority's interest in property;
(4)
Procure insurance against loss in connection with the property, assets, or activities the Authority;
(5)
Execute deeds, mortgages, contracts, leases, purchases, or other agreements regarding the property of the Authority; and
(b)
Property purchased, owned, or sold under this section may not be located outside the of Prince George's County Council.
(c)
The Authority may quiet title or foreclose on a property in which it holds an interest that is not fee simple title by;
(1)
Conducting an examination of title to determine the identity of any person possessing a claim or interest in the property; and
(2)
Filing a complaint to quiet title in accordance with Maryland Code, Real Property, Title 14, Subtitle 6.
(d)
The Authority may join in a single complaint to quiet title or foreclose on one or more parcels of real property.
(e)
The Authority shall maintain any property it acquires in accordance with the laws of Prince George's County.
(f)
The Authority may enter into an agreement with Prince George's County for the acquisition, maintenance, and sale of property.
(g)
The Authority may coordinate and enter into agreements with the Redevelopment Authority of Prince George's County to most effectively and efficiently accomplish the objectives of both organizations.