(a) This section does not apply to an affordable housing land trust agreement executed under Title 14, Subtitle 5 of this article. (b) This section is effective on July 1, 1969, with respect to (1) inter vivos instruments taking effect on or after that date, (2) wills of persons who die on or after that date, and […]
(a) The provisions of this section apply to all possibilities of reverter and rights of entry on estates of fee simple, existing before July 1, 1969. (b) A special limitation or a condition subsequent, which restricts a fee–simple estate, and the possibility of reverter or right of entry for condition broken thereby created is not valid, unless […]
No person may commence an action for the recovery of land, nor make an entry on it, by reason of a breach of a condition subsequent, or by reason of the termination of an estate of fee-simple determinable, unless the action is commenced or entry is made within seven years after breach of the condition […]
A possibility of reverter or right of entry for condition broken may be transferred in the same manner as any other interest in property.
The provisions of this title do not apply to grants made at any time by the State or its political subdivisions as long as the possibility of reverter or right of entry owned by the State or its political subdivisions is not transferred.