{"data":{"id":"us-md/md.-code-agriculture-2-510.1","jurisdiction":"us-md","citation":"Md. Code, Agriculture § 2–510.1","heading":"","body":"(a) The Foundation may make a grant to purchase an easement on a property selected by the Foundation to a county with a program, approved by the Foundation, to purchase easements using installment purchase agreements.\n(b) The Foundation may only approve a county’s installment purchase program if the program is used to purchase easements using installment purchase agreements that:\n(1) Require the county to make annual equal payments to the landowner of interest on the outstanding balance of the purchase price;\n(2) Require that the county pay the landowner the remainder of the purchase price at the end of the term;\n(3) State the total amount of money the county will pay the landowner, the interest rate, and the terms of the agreement; and\n(4) Require that the easement be recorded within 30 days of settlement.\n(c) An easement purchased using a grant provided under this section shall be jointly held by the county and the Foundation.\n(d) An easement purchased using a grant provided under this section may not terminate.","path":["Article - Agriculture"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gag\u0026section=2-510.1","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:55:53Z","sha256":"0d470fb19ba7e70deae66edc2d6cc4a3720d421747d7fa5a18dab83845b9df73","source_id":"us-md","stale":false,"prev":"us-md/md.-code-agriculture-2-510","next":"us-md/md.-code-agriculture-2-511"},"notice":"GroundRules: Original legal text. Not legal advice."}