# COMAR Title 18 — Department of Assessments and Taxation

## Subtitle 02 — Real Property Assessments

### Chapter 05 — Country Clubs

#### Regulation .06 Valuation — Use Value.

*COMAR 18.02.05.06*

A. Land values shall be based upon Tax-Property Article, §8-213, Annotated Code of Maryland.

B. Course improvements such as tees, greens, fairways, and similar items shall be based upon the cost of these improvements less applicable depreciation.

C. Any land and improvements that are not devoted to country club or golf course use shall be valued at market value.

D. The land used as a country club or golf course clubhouse site shall be valued at use value.