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2023 Maryland Statutes
Courts and Judicial Proceedings
Title 11 - Judgments
Subtitle 1 - Judgments -- Miscellaneous
Section 11-107 - Interest on Judgments Generally; Interest on Money Judgment for Rent; Interest on Money Judgment for Delinquent Property Taxes
Universal Citation:
MD. Courts and Judicial Proceedings Code § 11-107 (2023)
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(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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