HARRY HUGHES, Governor

2377

Article - Real Property

3-203.

Every recorded deed or other instrument takes effect
from its effective date as against the grantee of any deed
executed and delivered subsequent to the effective date,
unless the grantee of the subsequent deed [has]:

(1) [Accepted] HAS ACCEPTED delivery of the
deed or other [instrument] INSTRUMENT:

(i) In good [faith,} FAITH;

(ii) Without constructive notice under §
3-202[, and]; AND

(iii) For a good and valuable

consideration[, and]; AND

(2) [Recorded the deed first.] BEFORE THE PRIOR
DEED WAS RECORDED:

(I) HAS RECORDED THE SUBSEQUENT DEED;

(II) HAS TAKEN POSSESSION UNDER § 3-202 OF

THIS SUBTITLE; OR

(III) HAS ENTERED INTO ACTUAL OCCUPANCY
SUFFICIENT TO GIVE REASONABLE NOTICE UNDER § 3-101(D)(III)

OF THIS TITLE.

3-501.

(a)  (1) The clerk of the Circuit Court for Montgomery
County shall:

(i) Assign to each parcel of real property
in the county an individual parcel identifier, numerical or

otherwise; and

(ii) Record by parcel identifier in a
parcel index any instrument or reference to an instrument
presented for recording after June 30, 1981.

(2) Information recorded by parcel identifier in
a parcel index shall be the legal record of interests
affecting any parcel.

(b) (1) (i) Except as provided by subparagraph (ii),
all interests created after June 30, 1981 that are
enforceable against real property, shall be recorded in the
land records by serial number (Liber or folio, or other
number as the clerk determines) and by parcel identifier.

(ii) The provisions of this subsection do
not apply to: