# Tax - Property (GTP)

## Title 8. Valuation and Assessment

### Subtitle 1. General Provisions and Valuation

#### Section 8-106

(a) In this section, "cooperative housing corporation", "cooperative interest", "membership certificate", and "proprietary lease" have the meanings provided under the Maryland Cooperative Housing Corporation Act.

(b) The value of a cooperative interest, a proprietary lease, a membership certificate, or similar items relating to an interest in a cooperative unit may be considered in determining the value of real property owned by a cooperative housing corporation or similar corporation.

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Md. Code Ann., Tax-Prop. (as displayed at mgaleg.maryland.gov, October 16, 2026)