Friday, February 16, 2007

No new ground rents

Good news coming out of Annapolis.
The General Assembly voted unanimously yesterday to ban the creation of new ground rents, the first step in an effort to reform a system that lawmakers say has been used to victimize homeowners in Baltimore.

Governor O'Malley had this to say about the bills:
"It's a great first step, and I look forward to working with the legislature on the remaining pieces of legislation so no one ever loses their home because of this archaic and unjust practice,"

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