Individuals and entities can use a Maryland Deed of Trust when they would like to purchase real property with a loan. As stated by the Maryland Code, a deed that appears to have been intended only as security for payment of indebtedness or performance of an obligation, though expressed as an absolute grant is considered a mortgage (§ 7-101(a)). The code also provides the residents of the state with a statutory form for a deed of trust that can be used to secure debt (§ 4-202(c)).
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