Maryland § 14-307
Full text of Maryland Maryland Code § 14-307, with citation guidance and answers to common questions.
§ 14-307.
(a) Subject to subsection (b) of this section, if all or any part of the lien property against which a broker’s lien has been established under this subtitle is to be sold under a foreclosure or a judgment, execution or any other court order, all liens and encumbrances on the lien property that are subordinate to the lien with respect to which the property is sold shall be satisfied in accordance with their priority.
(b) (1) If the proceeds of the sale are insufficient to satisfy all broker’s liens established under this subtitle, then all proceeds available to satisfy each broker’s lien shall be stated by the court auditor as one fund.
(2) The amount to be disbursed to satisfy each broker’s lien established under this subtitle shall bear the same proportion to that fund as the amount of each broker’s lien bears to the total amount secured by all broker’s liens, without regard to priority among the broker’s liens.
Frequently Asked Questions About Maryland § 14-307
What does Maryland Code § 14-307 cover?
Section 14-307 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 14-307?
A common citation format is "Maryland Code § 14-307" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 14-307 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.