Ground rent bill moves forward in House

Published February 9, 2007 5:00am ET



Calling the state?s archaic ground rent system “predatory” and “evil” city and state officials testified in favor of legislation to modernize the process and protect homeowners from losing their homes over small debts.

The House of Delegates environmental matters committee members Thursday issued a favorable report on a bill that would prevent the creation of any new ground rents.

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