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§ 11A-102. Creation of time-share estates

West's Annotated Code of MarylandReal Property

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 11a. Maryland Real Estate Time-Sharing Act (Refs & Annos)
MD Code, Real Property, § 11A-102
§ 11A-102. Creation of time-share estates
Freehold estate or estate for years
(a) Except as otherwise provided in this title, the recordation of a time-share instrument creates a time-share estate either as a freehold estate or an estate for years, as specified in the time-share instrument.
Recording of time-share documents
(b) A document transferring or encumbering a time-share estate shall be recorded among the land records of the county in which the unit is located and may not be rejected for recordation because of the nature or duration of that estate. A document transferring a time-share license may be recorded.
Time-share a separate estate or interest
(c) Each time-share estate constitutes, for purposes of title, a separate estate or interest in a unit.

Credits

Added by Acts 1984, c. 579, § 1, eff. Jan. 1, 1985.
MD Code, Real Property, § 11A-102, MD REAL PROP § 11A-102
Current through all legislation from the 2017 Regular Session of the General Assembly
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