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What costs are involved in obtaining a bottom lease through the Department of Natural Resources?

April 26, 2017costs Department involved lease natural Resources

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What costs are involved in obtaining a bottom lease through the Department of Natural Resources?

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A. The Maryland Department of Natural Resources requires a non-refundable $300 application fee to accompany the application form. If the lease is granted, there is an annual fee of $3.50 per acre for submerged land lease. These rates are subject to change.