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§ 14-202. Liens created by contract

West's Annotated Code of MarylandReal PropertyEffective: July 1, 2013

West's Annotated Code of Maryland
Real Property (Refs & Annos)
Title 14. Miscellaneous Rules (Refs & Annos)
Subtitle 2. Maryland Contract Lien Act (Refs & Annos)
Effective: July 1, 2013
MD Code, Real Property, § 14-202
§ 14-202. Liens created by contract
In general
(a) A lien on property may be created by a contract and enforced under this subtitle if:
(1) The contract expressly provides for the creation of a lien; and
(2) The contract expressly describes:
(i) The party entitled to establish and enforce the lien; and
(ii) The property against which the lien may be imposed.
Damages, collection costs, late charges, and attorney’s fees
(b) A lien may only secure the payment of:
(1) Damages;
(2) Costs of collection;
(3) Late charges permitted by law; and
(4) Attorney's fees provided for in a contract or awarded by a court for breach of a contract.

Credits

Added by Acts 1985, c. 736, § 1, eff. July 1, 1985. Amended by Acts 1986, c. 5, § 1; Acts 2013, c. 625, § 1, eff. July 1, 2013.
MD Code, Real Property, § 14-202, MD REAL PROP § 14-202
Current through legislation effective June 1, 2019, from the 2019 Regular Session of the General Assembly.
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