Current with changes from the 2024 Legislative Session, chs. 2--407, effective on or before 7/1/2024
Section 22-101 - Definitions(a) In this subtitle the following words have the meanings indicated.(b)(1) "Abstract of title" means a representation of the state of title to property based on a review of the records that impart constructive notice relating to title to property in the State.(2) "Abstract of title" includes a report of title and any other written or electronically created or preserved representation of the state of title to property.(c)(1) "Title insurance commitment" means a written statement of the terms and conditions on which a title insurer is willing to issue a policy of title insurance if the title insurer accepts a premium for the policy.(2) "Title insurance commitment" includes a binder.Added by 2014 Md. Laws, Ch. 319,Sec. 2, eff. 10/1/2014.Added by 2014 Md. Laws, Ch. 318,Sec. 2, eff. 10/1/2014.