Schedule 1: Interests in Real Property

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Under § 7-21 of the Ethics Law, filers are required to disclose interests in real property. For most filers, this means they will at least need to disclose their principal residence.  Note that even if you rent but do not own a property, you still need to disclose that rental interest on your statement. 

Answer the question below to determine if Schedule 1 applies to you:

During the reporting period covered by this statement, did any of the following own, rent, or have any other interest in any real property (including property owned or leased as a personal residence or business), whether located inside or outside of Baltimore City?

  • Yourself;
  • A family member (if you directly or indirectly controlled that family member's interest);
  • An attributable entity; or
  • A partnership, limited liability partnership, limited liability company, or other unincorporated entity in which you, a family member (if you directly or indirectly controlled that family member’s interest), or an attributable entity held an interest. 

If you answered "yes" to the question above, disclose each qualifying interest in Schedule 1. You will need to submit a separate "Add Real Property" entry for each interest. Watch the tutorial video below to guide you through the schedule:

Schedule 1 Tutorial Video

In each "Add Real Property" entry, you will disclose the following information:

Real Property Type:  Your first entry will be your "Principal Residence".  Additional properties will count as "Other Real Property".  (Note: the address of your Principal Residence will remain hidden from any members of the public who view your statement.)   

2. Identity of Person who Holds an Interest in This Property.  State the name of the person with an interest in the property, and their relationship to you.  Submit a separate "Add" entry for each person, including yourself, with an interest in the property. 

3.  Nature of the Interest in This Property.  Indicate whether the property is owned or rented and whether it is solely or jointly held (i.e., held by one person or with someone else who also has an interest in the property). If the property is jointly held, you should "Add" the identity of each person who holds an interest in the property (see No. 2, above).  

How do I disclose a property that I rent?

Filers are required to disclose their interests in real property, which includes property that individuals rent (as renters). Follow the instructions below to disclose a property that you rent in Schedule 1:

  • Press “Add Real Property Interest,” which will open the Real Property Interest box.
  • Write your principal address in Part 1 and will choose “residential” for the type of residence.
  • In Part 2, press “Add” and disclose your own information; write your first and last name and choose “self” where it asks for “relationship.” Press the check mark or “insert” to save your entry.
    • You do not need to disclose the owner’s interest; rather, as a “renter,” you are the only holder of the “rental” interest.
  • In Part 3, you will indicate that you rent (no ownership) the property and will choose “solely held," even if you rent the property with another individual.
  • Skip parts 4-6 since they only apply to ownership interests.
  • Press “save” to save your interest.

 

4.  Mortgage. If your property is mortgaged--or has any other encumbrance--state the name of the company that holds the mortgage/encumbrance and the date of the mortgage/encumbrance. 

5. How the Interest in This Property was Acquired. Only if the property was acquired less than 10 years ago, state the name of the person or entity from whom the interest was acquired, the date it was acquired, whether it was acquired by purchase or some other means (e.g., gift or inheritance), and the amount paid or fair market value at the time of acquisition. 

6. Sale or other Transfer of This Property Only if all or any part of the property was sold or otherwise transferred during the reporting period, state the name of the person or entity to whom the property was sold/transferred, the nature of the interest sold/transferred (e.g., ownership interest), the amount of the interest that was sold/transferred (e.g., 100%), the nature of the consideration received for the sale/transfer (e.g., money), and the value/amount of the consideration received for the sale/transfer (e.g., $150,000).