# Commercial Law (GCL)

## Title 7. Documents of Title

### Subtitle 5. Warehouse Receipts and Bills of Lading: Negotiation and Transfer

#### Section 7-507

If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under Sec. 7-508, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:

(1) The document is genuine;

(2) The transferor does not have knowledge of any fact that would impair the document's validity or worth; and

(3) The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)