Regulation .01 Definitions.

In this chapter, the following terms have the meanings indicated.

Terms Defined.

(1)

“Current ground rent deed of record” has the meaning stated in Real Property Article, §8-701(b), Annotated Code of Maryland.

(2)

“Department” has the meaning stated in Real Property Article, §8-701(c), Annotated Code of Maryland.

(3)

“Ground lease” has the meaning stated in Real Property Article, §8-701(d), Annotated Code of Maryland.

(4)

“Ground lease holder” has the meaning stated in Real Property Article, §8-701(e), Annotated Code of Maryland.

(5)

“Register” means to submit to the Department, for each ground rent:

(a)

The Department's completed registration form; and

(b)

Any appropriate registration fee.

(6)

Submit.

(a)

“Submit” means to cause the Department to receive only by:

(i)

Hand delivery;

(ii)

Regular mail postmarked with a date on or before the time allowed for the action; or

(iii)

Specific electronic means approved by the Department.

(b)

“Submit” does not mean delivery by:

(i)

Facsimile; or

(ii)

Any means other than those set forth above in §B(6)(a) of this regulation.

(7)

“Substantially completed registration form” means one that:

(a)

Has a response for each question;

(b)

Is legible; and

(c)

Is sufficiently accurate to allow the Department to reasonably identify the property for which the ground lease was created.