Maryland Statutes
§ 7-203
Maryland § 7-203
This text of Maryland § 7-203 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Real Property § 7-203 (2026).
Text
Any deed retaining a valid vendor’s lien may provide that in the event of a sale, any note or other instrument of indebtedness mentioned in the deed shall be paid and satisfied in full in the order of maturity. However, if any note or instrument of indebtedness is paid or satisfied, no further proceedings may be had in reference to or satisfaction of it, but the funds arising from the sale shall be distributed as if the note already paid or satisfied had never been given. If the lien is duly released of record after the date of the maturity of the note or other instrument of indebtedness mentioned in the deed, the note or other instrument of indebtedness conclusively is presumed to have been paid as far as any lien on the property granted by the deed is concerned.
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Nearby Sections
15
§ 7-101
§ 7-101§ 7-102
§ 7-102§ 7-103
§ 7-103§ 7-104
§ 7-104§ 7-105
§ 7-105§ 7-105.1
§ 7-105.1§ 7-105.10
§ 7-105.10§ 7-105.11
§ 7-105.11§ 7-105.12
§ 7-105.12§ 7-105.13
§ 7-105.13§ 7-105.14
§ 7-105.14§ 7-105.15
§ 7-105.15§ 7-105.16
§ 7-105.16§ 7-105.17
§ 7-105.17§ 7-105.18
§ 7-105.18Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 7-203, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/grp/7-203.