548

LAWS OF MARYLAND

Ch. 8

(A) PAYMENTS TO COLLECTOR.

TO REDEEM A PROPERTY, A PERSON SHALL PAY A COLLECTOR:

(1)  THE TOTAL TAX SALE PRICE OF THE PROPERTY;

(2)  ANY TAXES, INTEREST, AND PENALTIES PAID BY ANY
HOLDER OF THE CERTIFICATE OF SALE; AND

(3)  ANY TAXES, INTEREST, AND PENALTIES ACCRUING AFTER
THE DATE OF THE TAX SALE.

(B) INTEREST RATE.

THE RATE OF INTEREST UNDER SUBSECTION (A) OF THIS SECTION
SHALL BE SET UNDER § 14-820 OF THIS SUBTITLE COMPUTED FROM THE
DATE OF THE TAX SALE TO THE DATE OF THE REDEMPTION PAYMENT.

REVISOR'S NOTE: This section formerly appeared as Art. 81,
§ 93.

The only changes are in style.

Defined terms: "Collector" § 1-101
"Person" § 1-101 "Property" § 1-101

14-829. AFTER ACTION TO FORECLOSE IS INSTITUTED.

IF THE PROPERTY IS REDEEMED AFTER AN ACTION TO FORECLOSE THE
RIGHT OF REDEMPTION IS INSTITUTED, THE PERSON REDEEMING SHALL
APPLY TO THE COURT BEFORE WHICH THE ACTION IS PENDING TO FIX THE
AMOUNT NECESSARY FOR REDEMPTION IN ACCORDANCE WITH THE PROVISIONS
OF THIS SUBTITLE. THE COLLECTOR SHALL ACCEPT NO MONEY FOR
REDEMPTION UNLESS AND UNTIL A CERTIFIED COPY OF THE ORDER OF
COURT FIXING THE AMOUNT NECESSARY FOR SUCH. REDEMPTION IS FILED
WITH THE COLLECTOR.

REVISOR'S NOTE: This section formerly appeared as Art. 81,
§ 94.

The only changes are in style.

Defined terms: "Collector" § 1-101
"Person" § 1-101 "Property" § 1-101

14-830. RIGHTS OF OWNERS AND PURCHASERS DURING REDEMPTION
PERIOD; APPOINTMENT OF RECEIVER OF PROPERTY; SPECIAL PROVISIONS
AS TO BALTIMORE CITY.

THE OWNER OF ANY PROPERTY SOLD UNDER THE PROVISIONS OF THIS
SUBTITLE SHALL HAVE THE RIGHT, DURING THE PERIOD OF REDEMPTION,
TO CONTINUE IN POSSESSION OF, AND TO EXERCISE ALL RIGHTS OF
OWNERSHIP OVER THE PROPERTY UNTIL THE RIGHT OF REDEMPTION HAS
BEEN FINALLY FORECLOSED UNDER THE PROVISIONS OF THIS SUBTITLE,
PROVIDED THAT ANY HOLDER OF ANY CERTIFICATE OF SALE MAY APPLY TO