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I pay ground rent on my property but the lease has been sold to another management company.Should I have been given the chance to buy before transfer.?
Wiki User
∙ 16y ago
I'm not sure of what state you are in but I believe that in Baltimore, MD you have the right to purchase the property for the ground rent divided by .02 - .04 dependening on the date of the lease.
You should have the opportunity to buy it at any point, you do not have to wait for a transfer or for the lease to run out.
Hope this helps.
Wiki User
∙ 16y ago
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