HARRY HUGHES, Governor

131

(b)  Subsection (a) does not limit any other method of
transferring or creating an estate, declaration, or limitation
which is permitted by the law of the [state] STATE except to the
extent required by law.

DRAFTER'S NOTE: This corrects a stylistic error in §
3-101(b) of the Real Property Article.

The stylistic error, a failure to capitalize the word
"state" in reference to the State of Maryland,
occurred in Ch. 12 of the Acts of the General Assembly
of 1974.

The stylistic error was noted by the Michie Company.

3-104.

(a) A deed or other instrument which effects a change of
ownership on the assessment books under the Tax - Property
Article[,] may not be recorded until the property granted is
transferred on the assessment books or records of the county
where the property is located to the grantee or assignee named in
the deed or other instrument. When submitting the deed or other
instrument for transfer on the assessment books, the person
offering the deed or other instrument, on request, shall mail or
deliver to the person having charge of the assessment books, a
statement of any building and improvement on the property
granted. When the property is transferred on the assessment
books, the person recording the transfer shall evidence the fact
of transfer on the deed or other instrument. This endorsement is
sufficient to authorize the recording of the deed or other
instrument by the clerk of the appropriate court.

DRAFTER'S NOTE: This deletes extraneous punctuation in §
3-104(a) of the Real Property Article, for purposes of
clarity.

The extraneous punctuation, a comma after the word
"Article", was contained in Ch. 480 of the Acts of the
Regular Session of the General Assembly of 1985.

The extraneous punctuation was noted by the Michie
Company.

7-109.

(c)  A lender shall disburse the loan to the agent
responsible for settlement in the form of:

(6) A check drawn on a financial institution that is
insured by FDIC (Federal Deposit Insurance Corporation), FSLIC
(Federal Savings and Loan Insurance Corporation), or [MSSIC
(Maryland Savings Share Insurance Corporation)] MDIF (STATE OF
MARYLAND DEPOSIT INSURANCE FUND CORPORATION), and which is
located in the 5th federal reserve district.