Current with changes from the 2024 Legislative Session
Section 14-201 - Definitions(a) In this subtitle the following words have the meanings indicated unless the context requires otherwise.(b)(1) "Contract" means a real covenant running with the land or a contract recorded among the land records of a county or Baltimore City.(2) "Contract" includes a: (i) Declaration or bylaws recorded under the provisions of the Maryland Condominium Act or the Maryland Real Estate Time-Sharing Act; or(ii) Regulated sustainable energy contract recorded under the provisions of Title 9, Subtitle 20D of the State Government Article.(c)(1) "Damages" means unpaid sums due under a contract, plus interest accruing on the unpaid sums due under a contract or as provided by law, including fines levied under the Maryland Condominium Act or the Maryland Real Estate Time-Sharing Act.(2) "Damages" does not include consequential or punitive damages.(d) "Lien" means a lien created under this subtitle.(e) "Party" means any person who:(1) Is a signatory to a contract;(2) Is described in a contract as having the benefit of any provision of the contract; or(3) Owns property subject to the provisions of a contract.(f) "Statement of lien" means the statement described under § 14-203(j) of this subtitle.Amended by 2013 Md. Laws, Ch. 625,Sec. 1, eff. 7/1/2013.