Maryland Code > BUSINESS REGULATION > Title 15 – Lodging Establishments
Current as of: 2023 | Check for updates
|
Other versions
Subtitle 1 | Hotel Liability for Valuables | 15-101 – 15-107 |
Subtitle 2 | Rights and Responsibilities of Innkeepers | 15-201 – 15-210 |
Terms Used In Maryland Code > BUSINESS REGULATION > Title 15 - Lodging Establishments
- Bequest: Property gifted by will.
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Decedent: A deceased person.
- Devise: To gift property by will.
- Donee: The recipient of a gift.
- Donor: The person who makes a gift.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Grantor: The person who establishes a trust and places property into it.
- Inter vivos: Transfer of property from one living person to another living person.
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
- Legatee: A beneficiary of a decedent