Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
What Is The Weirdest Local Custom or Law Regarding Real Estate?
I was having a brief online discussion with @Jay Hinrichs about the regional differences in real estate throughout the country. I was curious what everyone else thinks is the weirdest local custom or law you have in your market. Although if it is in your market, you might think of it being perfectly normal...so perhaps you might chime in with something that seems weird from another market.
In my market, I think one of the more interesting oddities is a system of Ground Rent we have in our area. It occurs primarily in Baltimore, but is also found in random other spots in Maryland and Virginia. In Baltimore many of the properties you buy you are technically only buying the physical structure while someone else owns the land and you pay them rent on that land. The owner of that land might be known, or might not be known.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192