Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 8-330: If, within 1 year after payment is made under § 8-323 of this subtitle, the Commission fails to ascertain the entire amo
What this law says, in plain English
If the Commission fails to acquire property title or file a timely condemnation petition within one year of payment, the property's fair value is determined by whichever is greater: the acquisition date value or the original payment date value.
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