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Ch. 498 2000 LAWS OF MARYLAND
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Article - Real Property
3-104.
(c) (1) (I) The requirements for prepayment of personal property taxes in
subsection (b) OF THIS SECTION do not apply to grants of land made [by]:
1. BY or on behalf of [any of the following:] any mortgagee,
lien creditor, trustee of a deed of trust, judgment creditor, trustee in bankruptcy or
receiver, and any other court-appointed officer in an insolvency or liquidation
proceeding; OR
2. BY A DEED IN LIEU OF FORECLOSURE TO ANY HOLDER OF
A MORTGAGE OR DEED OF TRUST OR TO THE HOLDER'S ASSIGNEE OR DESIGNEE.
(II) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, AND
EXCEPT AS PROVIDED IN SUBPARAGRAPH (III) OF THIS PARAGRAPH, AFTER THE
RECORDATION OF A DEED OR OTHER INSTRUMENT THAT EFFECTS A GRANT OF LAND
DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH, THE LAND SHALL BE FREE
AND CLEAR OF, AND UNENCUMBERED BY, ANY LIEN OR CLAIM OF LIEN FOR ANY
UNPAID TAXES ON PERSONAL PROPERTY.
(III) SUBPARAGRAPH (II) OF THIS PARAGRAPH DOES NOT APPLY TO:
1. ANY LIEN FOR UNPAID TAXES ON PERSONAL PROPERTY
THAT ATTACHED TO THE LAND BY RECORDING AND INDEXING A NOTICE AS
PROVIDED IN § 14-804(B) OF THE TAX - PROPERTY ARTICLE PRIOR TO THE RECORDING
OF THE MORTGAGE, LIEN, DEED OF TRUST, OR OTHER ENCUMBRANCE GIVING RISE
TO THE GRANT OF LAND DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH; OR
2. UNPAID TAXES ON PERSONAL PROPERTY OWED BY THE
TRANSFEREE OR SUBSEQUENT OWNER OF THE LAND AFTER A GRANT OF LAND
DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH.
(IV) THIS PARAGRAPH DOES NOT AFFECT THE RIGHTS OF THE
PERSONAL PROPERTY TAX LIENHOLDER TO MAKE A CLAIM TO ANY SURPLUS
PROCEEDS FROM A JUDICIAL SALE OF LAND RESULTING IN A GRANT OF LAND
DESCRIBED IN SUBPARAGRAPH (I) OF THIS PARAGRAPH.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take
effect July 1, 2000 and shall apply to all liens or claims of liens for unpaid taxes on
personal property in existence on or after July 1, 2000.
Approved May 18, 2000.
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