§ 6-101. Thirty-year limitations period for possibility of reverter or condition subsequent to ...
West's Annotated Code of MarylandReal PropertyEffective: October 1, 2010
Effective: October 1, 2010
MD Code, Real Property, § 6-101
§ 6-101. Thirty-year limitations period for possibility of reverter or condition subsequent to right of entry
(a) This section does not apply to an affordable housing land trust agreement executed under Title 14, Subtitle 5 of this article.
(b) This section is effective on July 1, 1969, with respect to (1) inter vivos instruments taking effect on or after that date, (2) wills of persons who die on or after that date, and (3) appointments by inter vivos instruments or wills made on or after that date under powers created before that date.
Thirty-year limitations period for possibility of reverter or condition subsequent to right of entry
(c) If the specified contingency of a special limitation creating a possibility of reverter or of a condition subsequent creating a right of entry for condition broken does not occur within 30 years of the effective date of the instrument creating the possibility or condition, the possibility or condition no longer is valid thereafter.
Credits
Added by Acts 1974, c. 12, § 2, eff. July 1, 1974. Amended by Acts 2010, c. 609, § 1, eff. Oct. 1, 2010; Acts 2010, c. 610, § 1, eff. Oct. 1, 2010.
Formerly Art. 21, § 6-101.
MD Code, Real Property, § 6-101, MD REAL PROP § 6-101
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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