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444 LAWS OF MARYLAND Ch. 8
section, the reference to a lease for a term of "more
than 7" years is added to reflect current practice and
the recording requirement in RP § 3-101(c).
Also in the introductory language of subsection (d) of
this section, the defined term "real property" is
substituted for the former phrase "interest in Real
Estate or Chattels Real", for clarity.
In subsection (d) of this section, the former
exception for leases of personal property is deleted
as superfluous in light of the limitations of this
subsection to real property.
In subsection (d)(1) of this section, the word
"entire", which formerly modified "term of the lease",
is deleted as superfluous.
In subsection (d)(2)(i) of this section, the
mathematical equivalent "105%" is substituted for the
former phrase "the ... rental ... plus 5% thereof",
for clarity.
Subsection (e)(1) of this section is revised as a
definition for clarity. Therefore, the word
"document" is substituted, as a defined term, for the
former phrase "[i]nstruments substituting for lease"
and the former parenthetical phrase "(referred to
collectively herein as 'other instrument')" is deleted
as superfluous.
In subsection (e)(l)(i) of this section, the former
references to an instrument that "intended" to
publicize or give notice are deleted as superfluous.
Similarly, the former phrase "whether or not such
other instrument gives such constructive notice in
point of law" is deleted as superfluous.
In subsection (e)(2) through (4) of this section, the
word "original" is added to modify "lease", for
clarity.
Also in subsection (e)(2) of this section, the
reference to "is submitted" is substituted for the
former reference "shall have been exhibited to the
clerk", for clarity and brevity.
In subsection (e)(3) of this section, the introductory
language "[s]ubject to § 12-111 of this title" is
added for clarity.
In subsection (e)(3)(i) of this section, the reference
to "may pay" is substituted for the former reference
to "in the event it shall be required to be advanced",
for clarity.
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