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Updated about 6 years ago, 10/16/2018
New Baltimore City Registration Changes
I've read about new rental property licensing in Baltimore City. I'm wondering a couple things before I dip my toe in:
1. What has changed? It says requirements are for 1 and 2 family rental properties - is that limited to single family and duplex? Does that mean registration was already required for 3 and 4 plexes in the past? I'm trying to identify which properties I look at would fall under this new requirement. It could change my goal of buying something prior to 2019!
2. Will whether a property is currently registered appear on the MLS or would that be something to be disclosed later?
3. I read on the forums there's a registration fee of $30 a year. Am I right to assume that meant the registration fee related to this new requirement?
4. Does it seem like landlords would be selling to avoid this new requirement? The requirements seem reasonable. If you're a landlord, what is your perspective about the new regulation? Would this compel you to drop property and own outside of the city?