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ROBERT L. EHRLICH, JR., Governor Ch. 509
Annotated Code of Maryland
(2000 Replacement Volume and 2004 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Real Property
7-105.
(A-1) (1) IN THIS SUBSECTION, "RECORD OWNER" MEANS THE PERSON
HOLDING RECORD TITLE TO RESIDENTIAL REAL PROPERTY AS OF THE DATE ON
WHICH AN ACTION TO FORECLOSE THE MORTGAGE OR DEED OF TRUST IS FILED.
(2) IN ADDITION TO ANY NOTICE REQUIRED TO BE GIVEN BY
PROVISIONS OF THE ANNOTATED CODE OF MARYLAND OR THE MARYLAND RULES,
THE PERSON AUTHORIZED TO MAKE A SALE IN AN ACTION TO FORECLOSE A
MORTGAGE OR DEED OF TRUST SHALL GIVE WRITTEN NOTICE OF THE ACTION TO
THE RECORD OWNER OF THE PROPERTY TO BE SOLD.
(3) (I) THE WRITTEN NOTICE SHALL BE SENT WITHIN NO LATER THAN
2 DAYS AFTER THE ACTION TO FORECLOSE IS DOCKETED:
1. BY CERTIFIED MAIL, POSTAGE PREPAID, RETURN RECEIPT
REQUESTED, BEARING A POSTMARK FROM THE UNITED STATES POSTAL SERVICE, TO
THE RECORD OWNER; AND
2. BY FIRST CLASS MAIL.
(II) THE NOTICE SHALL STATE THAT AN ACTION TO FORECLOSE
THE MORTGAGE OR DEED OF TRUST MAY BE OR HAS BEEN DOCKETED AND THAT A
FORECLOSURE SALE OF THE PROPERTY WILL BE HELD.
(III) THE NOTICE SHALL CONTAIN THE FOLLOWING STATEMENT
PRINTED IN AT LEAST 14 POINT BOLDFACE TYPE:
"NOTICE REQUIRED BY MARYLAND LAW
MORTGAGE FORECLOSURE IS A COMPLEX PROCESS. SOME PEOPLE MAY
APPROACH YOU ABOUT "SAVING" YOUR HOME. YOU SHOULD BE CAREFUL ABOUT ANY
SUCH PROMISES.
THE STATE ENCOURAGES YOU TO BECOME INFORMED ABOUT YOUR OPTIONS
IN FORECLOSURE BEFORE ENTERING INTO ANY AGREEMENTS WITH ANYONE IN
CONNECTION WITH THE FORECLOSURE OF YOUR HOME. THERE ARE GOVERNMENT
AGENCIES AND NONPROFIT ORGANIZATIONS THAT YOU MAY CONTACT FOR
HELPFUL INFORMATION ABOUT THE FORECLOSURE PROCESS. FOR THE NAME AND
TELEPHONE NUMBER OF AN ORGANIZATION NEAR YOU, PLEASE CALL THE
CONSUMER PROTECTION DIVISION OF THE OFFICE OF THE ATTORNEY GENERAL OF
MARYLAND AT 1-888-743-0023. THE STATE DOES NOT GUARANTEE THE ADVICE OF
THESE ORGANIZATIONS.
- 2987 -
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