Which document governs real estate transactions in Maryland?

The Maryland Real Property Article is the governing document for real estate transactions in Maryland. It encompasses a wide range of laws and regulations that dictate how real estate is bought, sold, transferred, and encumbered in the state. This article is part of the Maryland Code and serves as a comprehensive resource for issues related to real property, including definitions, rights of property owners, transfer of property, mortgages, and other real estate-related topics.

In contrast, while the Statute of Limitations pertains to the time limits within which legal claims can be brought, it does not specifically govern real estate transactions. The Maryland Code of Ethics, on the other hand, is focused on the ethical standards for professionals, but does not address real estate transactions directly. Lastly, the Maryland Landlord-Tenant Act governs the relationships between landlords and tenants specifically, rather than covering the broader scope of real estate transactions. Therefore, the unique and comprehensive nature of the Maryland Real Property Article makes it the correct choice for governing real estate transactions in Maryland.