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2013 Maryland Code
COMMERCIAL LAW
§ 6-110 - Subsequent transfers


MD Comm L Code § 6-110 (2013) What's This?

§6-110.

When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this title, then:

(1) A purchaser of any of such property from such transferee who pays no value or who takes with notice of such noncompliance takes subject to such defect, but

(2) A purchaser for value in good faith and without such notice takes free of such defect.

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