Maryland Real Property Section 14-201

Article - Real Property

§ 14-201.

      (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 declaration or bylaws recorded under the provisions of the Maryland Condominium Act or the Maryland Real Estate Time-Sharing Act.

      (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.



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