Baltimore Realtor Group Criticizes Last Minute Ground Rent Ejectment Suits
- "Leaders of the Greater Baltimore Board of Realtors, which for years served as an advocate for ground rent owners, are criticizing some of them for rushing to seize houses of delinquent rent-payers ahead of a recent change in state law and are proposing to help affected homeowners. The Realtors are talking with the Community Law Center in Baltimore about using their charitable foundation to help pay for review of ejectment lawsuits to ensure that they were conducted properly and that fees are "reasonable.""
One official with the Greater Baltimore Board of Realtors is quoted, "It's one thing if someone is going to collect on a debt and collect what they're owed, but this is more like robbery. To lose all the equity [in one's home] they've accrued over all those years is just wrong."
For more, see Rush to ejectment criticized (Realtors reduce support for ground rent owners).
For links to the entire series of stories on the Maryland ground rent issue reported by The Baltimore Sun, see The Sun's ground rent series.
Go here for other posts on the Maryland ground rent issue.
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