S.B. 364                                                  VETOES

(III) THE LACK OF AN INTAKE SHEET DOES NOT AFFECT ANY
PRIORITY THE VALIDITY OF ANY CONVEYANCE, LIEN, OR LIEN PRIORITY BASED ON
RECORDATION OF AN INSTRUMENT.

3-302.

(E) (1) THE CLERK SHALL INCLUDE IN THE INDEX EACH PROPERTY
IDENTIFIER PROVIDED ON AN INTAKE SHEET UNDER § 3-104(G) OF THIS TITLE OR, IF
THE SPACE AVAILABLE IN THE INDEX WILL NOT ACCOMMODATE ALL OF THE
IDENTIFIERS, THEN AS MANY AS THE SPACE ALLOWS, GIVING PRIORITY TO
IDENTIFIERS IN THE ORDER IN WHICH THEY ARE LISTED IN § 3-104(G)(3)(I) OF THIS
TITLE.

(2) THE CLERK SHALL RELY ON THE INSTRUMENT THAT IS
ACCOMPANIED BY THE INTAKE SHEET FOR INDEXING OF GRANTOR'S AND
GRANTEE'S NAMES.

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:

1.       Contracts for conveyance of real property;

2.       Leases not required to be recorded under § 3-101(c) or (d)
of this article;

3.       Liens of judgment created by § 11-402 of the Courts and
Judicial Proceedings Article, and other actions in law or equity which constitute a claim
against or encumbrance upon the property;

4.       Liens arising from nonpayment of real property taxes; and

5.    Claims of the United States not subjected by federal law to
the recording requirements of this State.

(2) An instrument may not be recorded after June 30, 1981 unless it is
legible and contains:

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