(a) The General Assembly states that it is in the public interest to provide for the development of lands in a planned manner. (b) The development of lands in a planned manner is necessary to: (1) obtain economic and environmental benefits; (2) relieve economic pressures that result from the assessment of planned development land at levels inconsistent with planned development; (3) aid the assembly of land for planned development land; (4) facilitate cooperation among landowners; and (5) permit holding of planned development land in an undeveloped status for orderly and staged improvement, particularly for the development of new communities.
Maryland Legal Code