<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 18.02.02.03" title_num="18" subtitle_num="02" chapter_num="02" heading="Subdivided Land — Bulk Ownership of Lots.">
  <text>The valuation of subdivided land should consider each lot as a single legal entity regardless of ownership.</text>
</regulation>