# COMAR Title 18 — Department of Assessments and Taxation

## Subtitle 02 — Real Property Assessments

### Chapter 10 — Open Space Easement Valuation

**Authority:** Tax-Property Article, §§2-201, 2-202, 8-209, 8-209.1, 8-219, and 9-107, Annotated Code of Maryland

**Administrative History:** Effective date:

**Administrative History:** Regulation .01 adopted as an emergency provision effective June 1, 2002 (29:18 Md. R. 1439); adopted permanently effective December 12, 2002 (29:24 Md. R. 1920)

**Administrative History:** Regulation .01 amended effective October 23, 2006 (33:21 Md. R. 1678); February 16, 2026 (53:3 Md. R.123)

#### Regulation .01 Valuation.

*COMAR 18.02.10.01*

The value of conservation property subject to a perpetual easement, as defined by Tax-Property Article, §§8-209.1, 8-219, and 9-107, Annotated Code of Maryland, shall be valued at a rate equivalent to the highest rate that is used to value land that is eligible for agricultural use assessment under Tax Property Article, §8–209, Annotated Code of Maryland, and is set forth in COMAR 18.02.03.08.