Ch. 516

1994 LAWS OF MARYLAND

(C)      (1) THE AMOUNT OF AND THE SURETY ON ANY BOND SHALL BE
DETERMINED AND APPROVED IN ACCORDANCE WITH THE MARYLAND RULES
EXCEPT AS STATED IN THIS SUBTITLE.

(2)      (I) IF THE PETITIONER, OR ANY OTHER PERSON INTERESTED IN
THE LIEN PROPERTY, IS NOT SATISFIED WITH THE SUFFICIENCY OF A SURETY OR
WITH THE AMOUNT OF ANY BOND GIVEN, THE PETITIONER, OR ANY OTHER PERSON
INTERESTED IN THE LIEN PROPERTY MAY, AT ANY TIME BEFORE ENTRY OF A FINAL
DECREE, APPLY TO THE COURT FOR AN ORDER REQUIRING AN ADDITIONAL BOND.

(II) AFTER NOTICE TO THE OTHER PARTIES INVOLVED, THE
COURT MAY ORDER THE GIVING OF AN ADDITIONAL BOND AS IT MAY DEEM
PROPER.

(3)      INSTEAD OF FILING A BOND, ANY PARTY MAY DEPOSIT MONEY IN
AN AMOUNT EQUAL TO THE AMOUNT OF THE BOND WHICH WOULD OTHERWISE BE
REQUIRED; IN ACCORDANCE WITH THE MARYLAND RULES.

(D)     UNTIL A FINAL ORDER IS ENTERED EITHER ESTABLISHING OR DENYING
THE BROKER'S LIEN, THE ACTION SHALL PROCEED TO TRIAL ON ALL MATTERS AT
ISSUE, AS IN THE CASE OF ANY OTHER PROCEEDINGS IN EQUITY.

14-306.

(A)     IF ANY PART OF THE LIEN PROPERTY IS LOCATED WITHIN ANOTHER
COUNTY AND THE PETITIONER DESIRES THAT THE BROKER'S LIEN ATTACH TO THE
LIEN PROPERTY IN THAT COUNTY, THE PETITIONER SHALL FILE A CERTIFIED COPY
OF THE DOCKET ENTRIES, THE COURT ORDER, AND ANY REQUIRED BOND WITH
THE CLERK OF THE CIRCUIT COURT FOR THAT COUNTY.

(B)     A BROKER'S LIEN ATTACHES TO THE LIEN PROPERTY IN A COUNTY AT
THE TIME THE DOCUMENTS REQUIRED TO BE FILED UNDER SUBSECTION (A) OF
THIS SECTION ARE FILED WITH THE CLERK OF THE CIRCUIT COURT OF THAT
COUNTY.

14-307.

(A)     SUBJECT TO SUBSECTION (B) OF THIS SECTION, IF ALL OR ANY PART OF
THE LIEN PROPERTY AGAINST WHICH A BROKER'S LIEN HAS BEEN ESTABLISHED
UNDER THIS SUBTITLE IS TO BE SOLD UNDER A FORECLOSURE OR A JUDGMENT,
EXECUTION OR ANY OTHER COURT ORDER, ALL LIENS AND ENCUMBRANCES ON
THE LIEN PROPERTY THAT ARE SUBORDINATE TO THE LIEN WITH RESPECT TO WHICH
THE PROPERTY IS SOLD SHALL BE SATISFIED IN ACCORDANCE WITH THEIR PRIORITY.

(B)      (1) IF THE PROCEEDS OF THE SALE ARE INSUFFICIENT TO SATISFY ALL
BROKER'S LIENS ESTABLISHED UNDER THIS SUBTITLE, THEN ALL PROCEEDS
AVAILABLE TO SATISFY EACH BROKER'S LIEN SHALL BE STATED BY THE COURT
AUDITOR AS ONE FUND.

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