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Session Laws, 1972
Volume 708, Page 1111   View pdf image
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Marvin Mandel, Governor                          1111

tained; and the fine in all cases provided for in this section shall
remain to the credit of the cause in which the injunction issued, and
in the event of final judgment in favor of the party injured, so much
thereof as the court may adjudge shall go to him, and the remainder
go as other fines do; and the court may imprison for noncompliance
with their order to pay such fine and may issue execution in the
name of the State for its collection.

14.-103. Court ordered sales.

(a)    Purchasers at execution, judicial, and foreclosure sales.

Whenever a legal or equitable interest in land is sold under an
execution sale, under a judicial sale, or under a foreclosure sale, and a
deed is executed and delivered to the purchaser by the sheriff, trustee,
agent, or other officer making such sale, the grantee in such deed,
when recorded, shall be entitled to the same protection against legal
or equitable interests of persons not of record as is provided for in
this Article for the benefit of grantees in deeds voluntarily executed,
delivered, and recorded.

(b)    Sale of reversion when rent is in arrears.

When there is a decree for the sale of any reversion in lands to
which rent is incident, the court may order any rent in arrear to be
sold with such estate, and the purchaser shall have the same right to
recover such rent by distress, entry or action, as if he had been owner
of the estate when the rent accrued.

(c)    Requirement of bond when sale is on credit.

In case a sale shall be made on credit, the court may, upon applica-
tion of the mortgagee or creditor, direct any bond taken in conse-
quence of such sale to be assigned to such mortgagee or creditor, and
the assignee may sue on such bond in his own name.

(d)    Sale of equitable title.

The court may decree a sale of an equitable title in any case
where a decree for the sale of the legal title could be passed, and the
purchaser of such equitable title shall have the same remedy for
obtaining the legal title, that the person whose equitable interest he
purchased would have had if no sale had been made.

(e)    Payment of costs.

Whenever property is sold pursuant to a judicial decree, all costs
of the proceedings accruing up to and including the final ratification
of the sale shall be paid prior to the final ratification of the first
auditor's account after the sale. The costs shall include the fees
for recording all papers which are proper to be recorded by law.
Upon payment of the costs, the clerk of the court shall record all
papers of the proceedings which are by law proper to be recorded.

14-104. Division of cost of stamps.

In every agreement, written or oral, for the sale or other disposi-
tion of property, it shall be presumed (in the absence of a provision
to the contrary in the agreement or in the law) that the parties to
such agreement intended that the cost of any federal or Maryland
revenue stamps or any Maryland or local transfer tax should be


 

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Session Laws, 1972
Volume 708, Page 1111   View pdf image
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