2013 Maryland Code
REAL PROPERTY
§ 3-204 - Interests in rents or profits


MD Real Prop Code § 3-204 (2013) What's This?

§3-204.

An interest created by a deed granting, assigning, or otherwise transferring an interest in rents or profits arising from property is perfected upon recordation as provided in this title:

(1) Regardless of whether, by its terms or otherwise, the grant, assignment, or transfer is operative immediately, or upon the occurrence of a specific event, or under any other circumstances; and

(2) Without the grantee, assignee, or transferee having to make any affirmative demand or take any further affirmative action.

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