Maryland Courts and Judicial Proceedings Section 11-107

Article - Courts and Judicial Proceedings

§ 11-107.

      (a)      Except as provided in § 11-106 of this article, the legal rate of interest on a judgment shall be at the rate of 10 percent per annum on the amount of judgment.

      (b)      The legal rate of interest on a money judgment for rent of residential premises shall be at the rate of 6 percent per annum on the amount of the judgment.

      (c)      The legal rate of interest on a money judgment for delinquent real or personal property taxes shall be the greater of:

            (1)      The sum of the rates fixed under §§ 14-603 and 14-702 of the Tax - Property Article for interest and penalties; or

            (2)      At the rate of 10 percent per annum.