S.B. 364

VETOES

Article - Real Property

Section 3-501

Annotated Code of Maryland

(1988 Replacement Volume and 1993 Supplement)

BY repealing

Article - Real Property

Section 3-502

Annotated Code of Maryland

(1988 Replacement Volume and 1993 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

3-104.

(G) (1) THIS SUBSECTION DOES NOT APPLY TO:

(I)       AN ASSIGNMENT OF A DEED OF TRUST OR MORTGAGE OR IF
PRESENTED FOR RECORDATION, AN ASSIGNMENT OF A DEED OF TRUST,

(II)     A RELEASE OF A DEED OF TRUST OR MORTGAGE;

(III)    A SUBSTITUTION OF TRUSTEES ON A DEED OF TRUST;

(IV)    A POWER OF ATTORNEY; OR

(V)     A FINANCING STATEMENT OR AN AMENDMENT,
CONTINUATION, RELEASE, OR TERMINATION OF A FINANCING STATEMENT
RECORDED IN LAND RECORDS.

(2)      EXCEPT AS PROVIDED IN PARAGRAPH (1) OF THIS "SUBSECTION,
EACH DEED OR OTHER INSTRUMENT AFFECTING PROPERTY AND PRESENTED FOR
RECORDATION SHALL BE ACCOMPANIED BY A COMPLETE INTAKE SHEET, ON THE
FORM THAT THE ADMINISTRATIVE OFFICE OF THE COURTS PROVIDES.

(3)      A COMPLETE INTAKE SHEET SHALL:

(I) DESCRIBE THE PROPERTY BY AT LEAST ONE OF THE
FOLLOWING PROPERTY IDENTIFIERS:

1.        THE PROPERTY TAX ACCOUNT IDENTIFICATION
NUMBER, IF ANY, OR IN MONTGOMERY COUNTY, ANY PARCEL IDENTIFIER
REQUIRED UNDER § 3-501 OF THIS TITLE, IF DIFFERENT FROM THE TAX ACCOUNT
NUMBER;

2.        THE STREET ADDRESS, IF ANY;

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