Maryland § 7-522
Full text of Maryland Maryland Code § 7-522, with citation guidance and answers to common questions.
§ 7-522.
(a) In this section, “affordable dwelling unit” has the meaning stated in § 7–501 of the Land Use Article.
(b) Real property that is used for rental housing may be exempt from county property tax if:
(1) the owner of the real property and the governing body of the county agree that the owner shall pay a negotiated amount in lieu of the county property tax; and
(2) the owner of the real property enters into an agreement with the governing body of the county to maintain at least 25% of the rental housing units located at the real property as affordable dwelling units for a period of at least 15 years.
(c) In an agreement under this section, the governing body of the county may require the owner of real property to maintain a higher percentage of rental housing units as affordable dwelling units than the minimum percentage specified in subsection (b)(2) of this section.
(d) Real property described in subsection (b) of this section is exempt when the requirements of subsection (b) of this section are met.
Frequently Asked Questions About Maryland § 7-522
What does Maryland Code § 7-522 cover?
Section 7-522 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 7-522?
A common citation format is "Maryland Code § 7-522" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 7-522 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.