Maryland adopts law regarding partition of property

The Maryland General Assembly adopted legislation requiring courts in actions to partition real property to determine the market value of the property unless it makes certain determinations; establishing procedures for the purchase of interests in real property by cotenants; for the partition in kind of real property among cotenants, and for the partition by sale of real property on the open market by a real estate broker licensed in Maryland. The bill goes into effect Oct. 1, 2022.