D & Y, INC. v. Winston

McAULIFFE, Judge.

This case involves the interpretation of § 10-102(f) of the Real Property Article, Maryland Code (1974, 1988 Repl. Yol.), which requires a vendor in a land installment sales transaction to record the contract within 15 days of its execution and provides a penalty for failure to do so. The vendor in this case was one day late in recording the contract. Nearly two years later, the purchaser, after occupying the property and making the payments required by the contract, demanded the return of all payments, contending that the statute prescribed that penalty for late recording.…