544

LAWS OF MARYLAND

Ch. 8

PURCHASE PRICE TOGETHER WITH INTEREST AT THE RATE OF 6% A YEAR
FROM THE DATE OF PAYMENT TO THE DATE OF REDEMPTION (EXCEPT AS
STATED IN SUBSECTION (B) OF § 14-820 OF THE ANNOTATED CODE OF
MARYLAND), TOGETHER WITH ALL OTHER AMOUNTS SPECIFIED BY CHAPTER
761 OF THE ACTS OF 1943, AND ACTS THAT AMEND THAT CHAPTER. THE
BALANCE DUE ON ACCOUNT OF THE PURCHASE PRICE AND ALL TAXES,
TOGETHER WITH INTEREST AND PENALTIES ON THE TAXES, ACCRUING AFTER
THE DATE OF SALE, MUST BE PAID TO THE COLLECTOR BEFORE A DEED CAN

BE DELIVERED TO THE PURCHASER. AFTER .........., 19...., A

PROCEEDING CAN BE BROUGHT TO FORECLOSE ALL RIGHTS OF REDEMPTION
IN THE PROPERTY. THIS CERTIFICATE WILL BE VOID UNLESS SUCH A
PROCEEDING IS BROUGHT WITHIN 2 YEARS FROM THE DATE OF THIS
CERTIFICATE.

WITNESS MY HAND AND SEAL, THIS .......... DAY OF .........,

19.....

COLLECTOR."

(TO BE FOLLOWED BY ACKNOWLEDGMENT)

REVISOR'S NOTE: This section formerly appeared as Art. 81,
§ 83.

In subsection (a)(5) of this section, the defined term
"municipal corporation" is substituted for the former
term "city", for clarity.

In subsection (a)(8) of this section, the former
reference to the omission of "other statements" is
deleted as surplusage.

In subsection (b) of this section, the defined term
"law" is substituted for the former terms "ordinance"
and "resolution", for clarity.

The only other changes are in style.

Defined terms: "Collector"     § 1-101

"Law" § 1-101 "Municipal   corporation" § 1-101

"Property" § 1-101 "Tax" § 14-801

"Tax roll" § 1-101

14-821. SAME — ASSIGNABLE.

ANY CERTIFICATE OF SALE EXECUTED AND DELIVERED BY THE
COLLECTOR TO THE PURCHASER IS ASSIGNABLE AND AN ASSIGNMENT OF THE
CERTIFICATE OF SALE VESTS IN THE ASSIGNEE, OR THE LEGAL
REPRESENTATIVE OF THE ASSIGNEE, ALL THE RIGHT, TITLE, AND
INTEREST OF THE ORIGINAL PURCHASER. THE ASSIGNMENT OF
CERTIFICATE OF SALE MAY BE MADE IN ACCORDANCE WITH THE PROVISIONS
OF LAW RELATING TO THE SHORT ASSIGNMENT OF MORTGAGES.