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Investors sue over state law change (access required)

Posted: 7:07 pm Wed, September 29, 2010
By Steve Lash
Daily Record Legal Affairs Writer

Amid an imminent deadline, a group of property investors is seeking compensation from Maryland, saying a recent change in state law has rendered their rental investments essentially worthless. Under the 2007 change, owners of “ground leases” must register their properties by the close of business Thursday or lose their ability to collect rent from their ...

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