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2019 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
Universal Citation:
MD Real Prop Code § 7-205 (2019)
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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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