Maryland Statutes

§ 17-204

Maryland·Article glu Land Use·Title 17
(a)(1) The Commission may lease to any responsible person any land in the metropolitan district acquired for park purposes under this division.
(2)(i) The term of a lease may not exceed 20 years without the prior approval of the lease by legislative enactment of the county where the lease property is located.
(ii)The initial term of a lease may not exceed 40 years.
(iii)A lease may be renewed for additional terms not exceeding 10 years each.
(3)A lease agreement shall contain provisions for reversion without cost to the Commission of the property and its improvements regardless of whether the improvements were added to the property by the lessee during the term of the lease or any extension of the lease.
(b)(1)

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