2013 Maryland Code
COURTS AND JUDICIAL PROCEEDINGS
§ 11-107 - Interest on judgments generally; interest on money judgment for rent; interest on money judgment for delinquent property taxes


MD Cts & Jud Pro Code § 11-107 (2013) What's This?

§11-107.

(a) Except as provided in § 11-106 of this subtitle, 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.

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