Terms Used In Maryland Code, COURTS AND JUDICIAL PROCEEDINGS 11-507

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The provisions of this subtitle relative to exemptions do not impair a:

(1) Vendor’s purchase money lien on land;

(2) Mechanics’ lien;

(3) Tax lien;

(4) Mortgage; deed of trust; or other security interest.