{"data":{"id":"us-md/md.-code-real-property-10-107","jurisdiction":"us-md","citation":"Md. Code, Real Property § 10–107","heading":"","body":"(a) Every vendor under a land installment contract shall mail or deliver a statement to the purchaser:\n(1) When 40 percent of the original cash price has been paid; and\n(2) (i) Annually within 30 days of January 1; or\n(ii) On demand of the purchaser no more than twice a year.\n(b) The statement shall show:\n(1) The total amount paid for any ground rent, insurance, taxes, and any other periodic charge;\n(2) The amount credited to principal and interest; and\n(3) The balance due.","path":["Article - Real Property"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=grp\u0026section=10-107","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:38Z","sha256":"202682493aece91cf20ae60d4af6418d27ca795ce38201ec7d28f3ac48337ae3","source_id":"us-md","stale":false,"prev":"us-md/md.-code-real-property-10-106","next":"us-md/md.-code-real-property-10-108"},"notice":"GroundRules: Original legal text. Not legal advice."}