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.
Reputable real estate lawyers will tell you: âjust say noâ to contracts for deed. For sellers, there are complicated rules to follow under Texas law, and you may pay stiff fines if you miss one of the requirements. For buyers, a contract for deed can put you at the mercy of dishonest sellers. For example, you may pay for years under a contract for deed, and then find out that the seller has sold the house to a third party. You may pay off your contract for deed, but the seller disappears with your title.