# COMAR Title 18 — Department of Assessments and Taxation

## Subtitle 02 — Real Property Assessments

### Chapter 02 — Valuation

**Authority:** Tax-Property Article, §§2-201, 2-202, and 8-104, Annotated Code of Maryland

**Administrative History:** Effective date: January 7, 1982 (8:26 Md. R. 2106)

**Administrative History:** Regulation .01 repealed and new Regulation .01 adopted effective March 11, 1996 (23:5 Md. R. 382)

**Administrative History:** Regulation .04 adopted effective September 9, 1996 (23:18 Md. R. 1318)

**Administrative History:** Regulation .04 amended effective December 23, 2013 (40:25 Md. R. 2070)

**Administrative History:** Regulation .05 adopted effective October 16, 2000 (27:20 Md. R. 1841)

**Administrative History:** Regulation .05 repealed effective November 5, 2018 (45:22 Md. R. 1027)

#### Regulation .01 Residential Land.

*COMAR 18.02.02.01*

Lot value includes site improvements such as well, septic system, water, sewer, landscaping, and driveway. A lot without site improvements should first be valued as if the lot had site improvements and then the assessor should deduct for the absence of site improvements by either percentage or dollar amounts.

#### Regulation .02 Solar Energy.

*COMAR 18.02.02.02*

If a structure is built to house a solar heating or cooling unit, there may not be additional assessment for these structures. If this structure has a dual use such as storage, only the value attributable to the use other than solar heating and cooling shall be assessed.

#### Regulation .03 Subdivided Land — Bulk Ownership of Lots.

*COMAR 18.02.02.03*

The valuation of subdivided land should consider each lot as a single legal entity regardless of ownership.

#### Regulation .04 Substantially Completed Improvements.

*COMAR 18.02.02.04*

When real property is revalued because substantially completed improvements have been made adding at least the statutory minimum in value to the property under Tax-Property Article, §8-104, Annotated Code of Maryland, both the land and improvements shall be revalued on the date of finality, the semiannual date of finality, or quarterly date of finality following the substantial completion.