(a) Generally. Subject to section (b) of this Rule, on motion of any party filed within ten days after entry of judgment, the court may open the judgment to receive additional evidence, may amend its findings or its statement of reasons for the decision, may set forth additional findings or reasons, may enter new findings or new reasons, may amend the judgment, or may enter a new judgment. A motion to alter or amend a judgment may be joined with a motion for new trial.

(b) Appeal Time of Less than Ten Days Provided by Statute. If a statute provides for an appeal time of less than ten days after entry of judgment, a motion under this Rule, even if timely filed, does not toll the time to appeal unless the motion is filed within the statutory time period allowed for an appeal.

Cross reference: For shorter appeal times provided by statute, see Code, Real Property Article, §§ 8-401 and 8A-1701. See Rule 7-104 (c) concerning the time for filing a notice of appeal when a motion has been filed under this Rule.

Source: This Rule is derived from the 1983 version of Fed. R. Civ. P. 52 (b) and the 1966 version of Fed. R. Civ. P. 59 (a).