Ground rent is a little-known but significant aspect of homeownership in Baltimore. Unique to Maryland, it’s a system where homeowners own the house but lease the land it sits on. Though the concept may seem outdated, it continues to affect thousands of local properties—sometimes without the owner’s full awareness.
MVLS Staff Attorney, Megan Good’s recent article in The Baltimore Times explains the origins of ground rent, how it operates today, and what rights homeowners have. Importantly, the piece outlines the risks of unpaid ground rent, which can lead to property loss.
If you’re a Baltimore homeowner or planning to buy in the area, understanding how ground rent works is essential. This knowledge can protect you from unexpected legal and financial consequences.
Read the full article here.