ROBERT L. EHRLICH, JR., Governor                             Ch. 465

DEPARTMENT BY THE TENANT SHALL ESCHEAT TO THE STATE. THE DEPARTMENT
SHALL ANNUALLY TRANSFER ANY FUNDS THAT REMAIN UNCOLLECTED AFTER 20
YEARS TO THE STATE GENERAL FUND AT THE END OF EACH FISCAL YEAR.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
January 1, 2004.

Approved May 22, 2003.

CHAPTER 465
(House Bill 1049)

AN ACT concerning

Baltimore City - Foreclosure Sales of Interests in Land - Recordation of

Ratification

FOR the purpose of requiring a person that makes a certain foreclosure sale of an
interest in land in Baltimore City that is ratified to cause to be recorded in the
land records a copy of certain orders concerning the the final order of
ratification, including certain information, under certain circumstances; and
generally relating to the recordation of final orders of ratification orders of
foreclosure sales of interests in land in Baltimore City.

BY repealing and reenacting, with amendments,
Article — Real Property
Section 14-103
Annotated Code of Maryland
(1996 Replacement Volume and 2002 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

14-103.

(a)     If a legal or equitable interest in land is sold under an execution sale,
judicial sale, or foreclosure sale except a sale under Title 14, Chapter 200 of the
Maryland Rules, and a deed is executed and delivered to the purchaser by the sheriff,
trustee, agent, or other officer making the sale, the grantee in the deed, when
recorded, is entitled to the same protection against the legal or equitable interests of
persons not of record as is provided in this article for the benefit of grantees in deeds
voluntarily executed, delivered, and recorded.

(b)     If there is a decree for the sale of any reversion in lands to which rent is
incident, the court may order any rent in arrears to be sold with the estate and the
purchaser may recover the rent by distress, entry, or action, as if he was owner of the
estate when the rent accrued.

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