§ 14–117.1

Statutes in effect as of October 1, 2026.

Md. Code Ann., Real Prop. § 14-117.1 (2026)

Title 14. Miscellaneous Rules

Subtitle 1. Miscellaneous Rules

(a)

This section applies only to existing single–family residential real property in Prince George’s County.

(b)

A person or entity that imposes a deferred water and sewer charge shall include with each bill a statement that includes:

(1)

The amount of the annual assessment;

(2)

The approximate number of payments remaining on the assessment;

(3)

The amount remaining on the assessment, including interest;

(4)

The name and address of the person or entity most recently responsible for collection of the assessment;

(5)

The method used to compute the deferred water and sewer charge on the property;

(6)

The interest rate on the assessment;

(7)

The estimated payoff amount of the assessment; and

(8)

A statement that payoff of the assessment is allowed without prepayment penalty.

(c)

The balance owed on a deferred water and sewer assessment may be redeemed at the present value of the assessment.