Ch. 580                                    1995 LAWS OF MARYLAND

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1995. It shall remain effective until January 1, 1996, and at the end of January 1,
1996, with no further action required by the General Assembly, this Act shall be
abrogated and of no further force and effect.

Approved May 25, 1995.

CHAPTER 580
(House Bill 1027)

AN ACT concerning

Real Property - Foreclosure of Mortgage or Deed of Trust - Notice of Sale

FOR the purpose of identifying the proper person to be notified in case of a sale in an
action to foreclose a mortgage or deed of trust; providing that the person authorized
to make a sale in an action to foreclose a mortgage or deed of trust is excepted from
giving notice to the record owner of the real estate or to the holder of a subordinate
interest in the real estate in certain circumstances; providing that the right to file an
action for the failure of certain persons to comply with certain notice requirements
expires within a certain period of time; defining a certain term; and generally
relating to the notice requirements in an action to foreclose a mortgage or a deed of
trust.

BY repealing and reenacting, with amendments,
Article - Real Property
Section 7-105(b) and (c)
Annotated Code of Maryland
(1988 Replacement Volume and 1994 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.

(b) (1) (I) IN THIS SUBSECTION, "RECORD OWNER" MEANS THE PERSON
HOLDING RECORD TITLE TO PROPERTY AS OF THE LATER OF:

1.       30 DAYS BEFORE THE DAY ON WHICH A FORECLOSURE
SALE OF THE PROPERTY IS ACTUALLY HELD; AND

2.       THE DATE ON WHICH AN ACTION TO FORECLOSE THE
MORTGAGE OR DEED OF TRUST IS FILED.

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