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Md. Code, Real Property § 7-205

This is the official text of Md. Code, Real Property § 7-205, part of Maryland’s Code, Real Property — governs real estate transactions and landlord-tenant law.

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§7–205.

Official statutory text

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.

Status: in_force · Read it on the official government site

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