Escrow & Title (alternative)
Maryland's ground rent system allows homeowners to redeem (extinguish) the ground rent by paying:
A12 times the annual ground rent
BA price calculated at a capitalization rate set by Maryland statute✓ Correct
CThe full assessed value of the land
DA negotiated price agreed to with the ground rent holder
Explanation
Maryland law allows homeowners to redeem ground rents by paying the capitalized value calculated using the capitalization rate established by Maryland statute.
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