{"data":{"id":"us-md/md.-code-real-property-10-402","jurisdiction":"us-md","citation":"Md. Code, Real Property § 10–402","heading":"","body":"A recorded instrument, recorded modification, or any amendment of a recorded instrument or recorded modification creating an option to purchase property, or any memorandum of option recorded under § 3-101(f) of this article ceases to be actual or constructive notice to any person or to put any person on inquiry as to existence or exercise of the option, if:\n(1) The instrument according to its terms has expired;\n(2) One year has elapsed since the time of expiration; and\n(3) No grant or other instrument has been recorded showing that the option has been exercised.","path":["Article - Real Property"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=grp\u0026section=10-402","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:38Z","sha256":"1433a3cb11473e4d500aa37324356fc59a9b3c641356d7ef3f2df32920c463e7","source_id":"us-md","stale":false,"prev":"us-md/md.-code-real-property-10-401","next":"us-md/md.-code-real-property-10-501"},"notice":"GroundRules: Original legal text. Not legal advice."}