Maryland Code, GENERAL PROVISIONS 1-109
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Terms Used In Maryland Code, GENERAL PROVISIONS 1-109
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- gift: includes an inter vivos gift, inter vivos endowment, bequest, devise, legacy, or testamentary endowment of any interest in real or personal property. See
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Inter vivos: Transfer of property from one living person to another living person.
- Legacy: A gift of property made by will.
- Personal property: All property that is not real property.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See - Statute: A law passed by a legislature.
In a statute that authorizes a gift to or for the use of the State or any of its officers or units, “gift” includes an inter vivos gift, inter vivos endowment, bequest, devise, legacy, or testamentary endowment of any interest in real or personal property.