|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Martin O'Malley, Governor
|
|
|
|
|
|
H.B. 463
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I HEREBY AFFIRM UNDER THE PENALTY OF PERJURY THAT NOTICE WAS
GIVEN UNDER § 8-402.2(D) § 8-402.2(E) § 8-402.3(E) OF THE REAL PROPERTY
ARTICLE ON_, AND THAT THE INFORMATION CONTAINED IN THE
FOREGOING STATEMENT OF LIEN IS TRUE AND CORRECT TO THE BEST OF MY
KNOWLEDGE, INFORMATION, AND BELIEF.
|
|
|
|
|
|
|
|
|
|
(NAME OF PARTY CLAIMING LIEN)".
(N) IF A BOND IS FILED IN THE AMOUNT SPECIFIED BY THE COURT
UNDER SUBSECTION (K)(5) OF THIS SECTION, THE CLERK OF THE CIRCUIT
COURT SHALL ENTER A NOTATION IN THE LAND RECORDS RELEASING THE LIEN.
(O)(N) (1) A LIEN UNDER THIS SECTION MAY BE ENFORCED AND
FORECLOSED BY THE PARTY WHO OBTAINED THE LIEN IN THE SAME MANNER
AND SUBJECT TO THE SAME REQUIREMENTS, AS THE FORECLOSURE OF A
MORTGAGE OR DEED OF TRUST CONTAINING NEITHER A POWER OF SALE NOR
AN ASSENT TO DECREE.
(2) A FORECLOSURE SALE MAY NOT BE MADE IF, AT ANY TIME
BEFORE THE SALE, THE LIEN IS SATISFIED AND THE COSTS OF GIVING NOTICE
OF THE SALE ARE PAID.
(3) IF THE PROPERTY SUBJECT TO THE LIEN IS SOLD AT A
FORECLOSURE SALE, THE LANDLORD GROUND LEASE HOLDER SHALL BE PAID
OUT OF THE PROCEEDS OF THE SALE THE GREATER OF:
(I) FOR A REDEEMABLE GROUND RENT, THE AMOUNT OF
THE LIEN OR AND THE REDEMPTION AMOUNT CALCULATED UNDER §
8-110(B)(2)(I) § 8-110(B)(2) OF THIS TITLE AND THE PURCHASER SHALL TAKE
TITLE TO THE PROPERTY FREE AND CLEAR OF THE GROUND LEASE; AND
(II) FOR AN IRREDEEMABLE GROUND RENT, THE AMOUNT
OF THE LIEN AND THE PURCHASER SHALL TAKE TITLE TO THE PROPERTY
SUBJECT TO THE GROUND LEASE.
(P) (O) IF THE LIENHOLDER CANNOT BE LOCATED, THE LIEN MAY BE
SATISFIED AND THE REDEEMABLE GROUND RENT REDEEMED IN ACCORDANCE
WITH § 8-110(G) OF THIS TITLE BY PAYING THE GREATER OF THE AMOUNT OF
THE LIEN OR AND THE AMOUNT SET FORTH IN § 8-110(G)(4) OF THIS TITLE.
|
|
|
|
|
|
|
|
|
|
- 4709 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
