§ 8-101
284 words·~1 min read·
/md/tax-property/8-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§8–101.
(a)For assessment purposes, property shall be divided into classes and subclasses.
(b)Real property is a class of property and is divided into the following subclasses:
(1)land that is actively devoted to farm or agricultural use, assessed under § 8-209 of this title;
(2)marshland, assessed under § 8-210 of this title;
(3)woodland, assessed under § 8-211 of this title;
(4)land of a country club or golf course, assessed under §§ 8-212 through 8-217 of this title;
(5)land that is used for a planned development, assessed under §§ 8-220 through 8-225 of this title;
(6)rezoned real property that is used for residential purposes, assessed under §§ 8-226 through 8-228 of this title;
(7)operating real property of a railroad;
(8)operating real property of a public utility;
(9)property valued under § 8-105(a)(3) of this subtitle;
(10)conservation property, assessed under § 8-209.1 of this title; and
(11)all other real property that is directed by this article to be assessed.
(c)Personal property is a class of property and is divided into the following subclasses:
(1)stock in business;
(2)distilled spirits;
(3)operating personal property of a railroad;
(4)operating personal property of a public utility that is machinery or equipment used to generate electricity or steam for sale;
(5)all other operating personal property of a public utility;
(6)machinery and equipment, other than operating personal property of a public utility, that is used to generate:
(i)electricity or steam for sale; or
(ii)hot or chilled water for sale that is used to heat or cool a building; and
(7)all other personal property that is directed by this article to be assessed.