Rich in the tradition and history of Maryland, the Office of Clerk of the Circuit Court is one of the oldest public institutions in the state. Welcome to the Cecil County Circuit Courthouse and the Office of the Clerk of the Circuit Court. The Clerk of the Court is a locally elected State official with the responsibilities established and regulated by the laws of Maryland and the Rules of the Court of Appeals of Maryland.
(a) A vendee who fails to record a contract for deed, as required by subdivision 1, is subject to a civil penalty, payable under subdivision 5, equal to two percent of the principal amount of the contract debt, unless the vendee has not received a copy of the contract for deed in recordable form, as required under subdivision 1a.
The deed of trust contractually obligates you to pay the balance due by the due date. The deed of trust attaches a lien on the property deed so the bank recovers its money if you default on your contract. Having your name on a deed of trust affects your credit. A deed is the official paperwork of ownership of a piece of property. The deed contains the name of the previous owners, the current owners and the legal description of the property.