Unannotated Code of Maryland (Last Updated: May 16, 2014) |
LOCAL GOVERNMENT |
DIVISION III. COUNTIES |
TITLE 12. OTHER POWERS OF COUNTIES -- GENERALLY |
SUBTITLE 4. PROPERTY ACQUISITION AND TRANSFER |
§ 12-401. In general
Latest version.
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(a) Scope of section. -- This section applies to all counties, except Baltimore City.
(b) Authority. -- Except as provided in § 12-404, 12-405, 12-406, 12-408, 12-409, 12-410, and 12-411 of this subtitle, the governing body of a county may:
(1) acquire, by lease, purchase, gift, devise, bequest, condemnation, or any other method, an interest in any property that is needed for a public purpose;
(2) construct buildings on the property for the benefit of the county;
(3) sell surplus property at public sale, after advertising the sale for at least 20 days; or
(4) (i) provide wholly or partly for the financing of housing or a housing project; and
(ii) place a deed of trust, mortgage, or other instrument on the financed property to ensure repayment of money used to purchase, construct, rehabilitate, or develop the housing or housing project.