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Session Laws, 1933 Session
Volume 421, Page 306   View pdf image (33K)
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306 LAWS OF MARYLAND. [CH. 181

to the purchaser, or his assignee, of a deed for said piece
of land, but possession of the property sold shall not be
taken by the purchaser thereof until the execution and
recording of the deed therefor. Upon payment of the taxes,
interest, penalties and costs of sale, which shall be made
on the day of sale, the treasurer shall deliver to the pur-
chaser a certificate of sale, setting forth all the facts there-
of, which certificate shall be assignable, and upon surrender
of the same, its lawful holder shall receive from the treas-
urer, in case such sale be set aside by the Court, immediate
return of his purchase money, or in case such sale be rati-
fied, and the property not redeemed by its owner or some
one in privity with him, within two years from the first
day of the sale at which the same was sold, to wit, the first
Monday of March, by payment to the treasurer, for the
time being, for the use of the legal holder of said certifi-
cate of the amount of money receipted for in said certifi-
cate, and any taxes, subsequently assessed on said land and
paid by said purchaser, with interest thereon, at the rate
of ten per cent per annum from said first Monday
in March, then the treasurer, for the time being, upon
the payment of the balance of the purchase money in full,
shall execute a deed in fee simple of such property to the
legal holder of said certificate, which deed shall be held
to be prima facie evidence of a good title, in fee simple to
the grantee therein, to the property bought at any sale
herein authorized and therein conveyed. In case of re-
demption, it shall be the duty of the treasurer to immedi-
ately notify the purchaser by letter, mailed to him at the
address given beneath his signature to the memorandum
of sale, which memorandum is hereby required to be taken
by the treasurer; and to enter such redemption upon his
books and over his signature, upon the report of sale deal-
ing with the property redeemed. The treasurer shall also
deposit the redemption money in some bank or banks ap-
proved by him in the name of the County Commissioners
for Prince George's County, which shall be designated as
"Tax Sale Redemption Fund, " to be kept separate from the
other funds of the county, and be only payable to the per-
sons entitled to the same. A book shall be kept by the
treasurer entitled "Tax Sale Redemption Fund, " which
shall show the receipts and deposits of said fund and pay-
ment thereof to those entitled to the same.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1933.

Approved April 21, 1933.

 

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Session Laws, 1933 Session
Volume 421, Page 306   View pdf image (33K)
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