<?xml version='1.0' encoding='utf-8'?>
<section article="gtp" article_name="Tax - Property" number="8-106" title_number="8" title_name="Valuation and Assessment" subtitle_number="1" subtitle_name="General Provisions and Valuation">
  <level label="a">
    <text>In this section, “cooperative housing corporation”, “cooperative interest”, “membership certificate”, and “proprietary lease” have the meanings provided under the Maryland Cooperative Housing Corporation Act.</text>
  </level>
  <level label="b">
    <text>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.</text>
  </level>
</section>
