2015 Maryland Code
REAL PROPERTY
Title 7 - MORTGAGES, DEEDS OF TRUST, AND VENDOR'S LIENS
Subtitle 2 - VENDOR'S LIENS
§ 7-205 - Acceptance of guarantee or collateral does not waive lien

MD Real Prop Code § 7-205 (2015) What's This?

The acceptance by the vendor of any guarantee, endorsement, collateral, or other security to insure the full payment of any vendor's lien, may not be construed as a waiver of the lien. However, the purchaser shall be credited with the proceeds from the sale of any collateral or other securities.

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