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Maryland Code, Courts and Judicial Proceedings § 11-107

Current as of January 01, 2025 | Updated by Findlaw Staff

(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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Cite this article: FindLaw.com - Maryland Code, Courts and Judicial Proceedings § 11-107 - last updated January 01, 2025 | https://codes.findlaw.com/md/courts-and-judicial-proceedings/md-code-cts-and-jud-pro-sect-11-107/

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