Md. Code Regs. 18.02.10.01 - Valuation

A. The current determined value of land subject to a perpetual or long-term easement, as defined by Tax-Property Article, §8-219, Annotated Code of Maryland, is $1,000 per acre.

B. The value of conservation property, as defined by Tax-Property Article, §§8-209.1 and 9-107, Annotated Code of Maryland, is determined by Tax-Property Article, §8-209.1, Annotated Code of Maryland, and is set forth in COMAR 18.02.03.08D.

Notes

Md. Code Regs. 18.02.10.01

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)
Regulation .01 amended effective October 23, 2006 (33:21 Md. R. 1678)