Md. Code, TP § 14-826 Purchase By Governing Body of County Or Other Taxing Agencies Or Transfer to Land Bank Authority - Payment of Tax Claims of Other Taxing Agencies Or of the State

• Library: Maryland Statutes
• Edition: 2023
• Currency: Current through November 23, 2023
• Year: 2023
• Citation: Md. Code, TP § 14-826

When any property on which there are unpaid taxes due to any other taxing agency or to the State is purchased by the governing body of the county at a sale held by the collector under this subtitle, or after being purchased is transferred to a land bank authority established under § 1-1403 of the Local Government Article, neither the governing body of the county nor an authority need make and the collector or other taxing agency or the State is not entitled to demand immediate payment of the taxes due another taxing agency or the State. On the resale of the property by the governing body of the county or authority, unless the property is redeemed by the owner in accordance with § 14-827 of this subtitle, or on the sale by the governing body of the county of a certificate of sale und...