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Reply to "New game: what school will/should buy Sidwell lower school campus and why?"
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[quote=Anonymous]Different poster. As I read the Maryland Historic Easement process, it's a voluntary program available to the owner of the property. Neither the school nor any redeveloper would be required to submit the house to the easement process. https://mht.maryland.gov/easement.shtml In addition, Maryland statute 12-104 seems to suggest that if the easement impacts the fair market value of the property, then the owner can seek compensation. This is not my field, but presumably that means whichever political entity is blocking redevelopment (Bethesda? Montgomery County?) will be reimbursing for fair market value. "If any easement in gross or other right to restrict use of land or any interest in land has been donated to the Maryland Historical Trust or the Maryland Environmental Trust, damages shall be awarded in any condemnation proceedings under this title to the fee owner and leasehold owner, as their interests may appear, and shall be the fair market value of the land or interest in it, computed as though the easement or other right did not exist."[/quote]
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