Finance
Maryland's mortgage recording requirements mean that a mortgage not recorded in the land records:
AIs still enforceable against all parties
BMay not be enforceable against subsequent bona fide purchasers or lienholders without notice✓ Correct
CIs automatically cancelled after 5 years
DMust be filed with MREC
Explanation
Failure to record a mortgage in Maryland's land records means it provides no constructive notice and may not be enforceable against subsequent purchasers or creditors without actual knowledge of it.
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