How to redeem ground rent
I've been looking into the ground rent system recently. (If you've never heard of it, google it. It's a fascinating and completely messed up system that's leftover from Maryland's colonial days and is in serious need of reform). I'm considering a property that's subject to ground rent, but I would only do it if I knew I could redeem the ground rent. I can't figure out exactly how to price that out though. The Maryland SDAT has all sorts of data on what forms to fill out and such, but I can't figure out how to calculate the cost of redeeming the ground rent. Is it up to the land owner to charge whatever they want, or is there some formula set by the state? Does the landowner have to sell to me? What if they don't want the ground rent redeemed?