Md. Code Ann., Real Prop. § 14-201
Definitions
Effective Jul 1, 2013Added by Acts 1985, c. 736, § 1, eff. July 1, 1985. Amended by Acts 1998, c. 722, § 1, eff. Oct. 1, 1998; Acts 2013, c. 43, § 5; Acts 2013, c. 625, § 1, eff. July 1, 2013.State of Maryland
- (a) In this subtitle the following words have the meanings indicated unless the context requires otherwise.
(b)
- (1) “Contract” means a real covenant running with the land or a contract recorded among the land records of a county or Baltimore City.
(2) “Contract” includes a:
- (i) Declaration or bylaws recorded under the provisions of the Maryland Condominium Act1 or the Maryland Real Estate Time-Sharing Act; or
- (ii) Regulated sustainable energy contract recorded under the provisions of Title 9, Subtitle 20D of the State Government Article.
(c)
- (1) “Damages” means unpaid sums due under a contract, plus interest accruing on the unpaid sums due under a contract or as provided by law, including fines levied under the Maryland Condominium Act or the Maryland Real Estate Time-Sharing Act.
- (2) “Damages” does not include consequential or punitive damages.
- (d) “Lien” means a lien created under this subtitle.
(e) “Party” means any person who:
- (1) Is a signatory to a contract;
- (2) Is described in a contract as having the benefit of any provision of the contract; or
- (3) Owns property subject to the provisions of a contract.
- (f) “Statement of lien” means the statement described under § 14-203(j) of this subtitle.
Added by Acts 1985, c. 736, § 1, eff. July 1, 1985. Amended by Acts 1998, c. 722, § 1, eff. Oct. 1, 1998; Acts 2013, c. 43, § 5; Acts 2013, c. 625, § 1, eff. July 1, 2013.
Real Property, § 11-101 et seq.