Maryland Code, REAL PROPERTY 7-105.7
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Terms Used In Maryland Code, REAL PROPERTY 7-105.7
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
No title to property acquired at sale of property subject to a mortgage or deed of trust is invalid by reason of the fact that the property was purchased by the secured party, his assignee, or representative, or for his account.