Maryland Statutes
Title 6 - Bulk Transfers
Section 6-110 - Subsequent Transfers

When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this title, then:
        (1)    A purchaser of any of such property from such transferee who pays no value or who takes with notice of such noncompliance takes subject to such defect, but
        (2)    A purchaser for value in good faith and without such notice takes free of such defect.