Fast-Tracking Legislation for Vacant and Abandoned Properties Introduced in Maryland
Legislation Update
March 17, 2016
Synoposis
Authorizing a secured party to petition the circuit court for leave to immediately commence an action to foreclose the mortgage or deed of trust on specified vacant and abandoned property; authorizing a county, municipal corporation, homeowners association, or condominium to notify a secured party of any vacant and abandoned property located in the county, municipal corporation, homeowners association, or condominium in a specified manner; specifying the contents of a specified notice; etc.
Source: General Assembly of Maryland
Additional Resources:
HB 1377 (full text)