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Code · Maryland · Courts and Judicial Proceedings

§ 11-107

119 words·~1 min read·/md/courts-and-judicial-proceedings/11-107·

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§11–107.
(a)Except as provided in § 11-106 of this subtitle, the legal rate of interest on a judgment shall be at the rate of 10 percent per annum on the amount of judgment.
(b)The legal rate of interest on a money judgment for rent of residential premises shall be at the rate of 6 percent per annum on the amount of the judgment.
(c)The legal rate of interest on a money judgment for delinquent real or personal property taxes shall be the greater of:
(1)The sum of the rates fixed under §§ 14-603 and 14-702 of the Tax - Property Article for interest and penalties; or
(2)At the rate of 10 percent per annum.
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