(Download) "Heartwood 88, Inc. v. Montgomery County" by In the Court of Special Appeals of Maryland # eBook PDF Kindle ePub Free
eBook details
- Title: Heartwood 88, Inc. v. Montgomery County
- Author : In the Court of Special Appeals of Maryland
- Release Date : January 14, 2004
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 90 KB
Description
This appeal requires us to construe the ""Tax Sale"" statute, codified in Title 14, Subtitle 8 of the Tax-Property Article (""T.P."") of the Maryland Code (1985, 2001 Repl. Vol.). The case involves a dispute between Heartwood 88, Inc. (""Heartwood""), appellant, and Montgomery County (the ""County""), appellee, with regard to a tax sale of real property conducted by the County, at which it mistakenly sold 331 properties to Heartwood for which the owners were not then delinquent in payment of their real property taxes. Upon discovery of the errors, the County refunded the purchase monies to Heartwood for all of the sales, along with interest at the rate of 8%. Nevertheless, Heartwood claimed that it was entitled to interest at the ""redemption rate"" of 20%, amounting to $208,648.17, because that is the rate that would have applied if the sales had been valid and the owners had redeemed their properties. Appellant also sought to recover statutory attorney's fees of $400 for each of the 331 properties, totaling $132,400, along with other expenses. The Circuit Court for Montgomery County rejected Heartwood's claims and ordered Heartwood to return the County's interest payment. Heartwood poses two questions for our consideration: