Foreclosure by State: State of Maryland

Editor: John Smith, Esq., Colton, Bonner & Jones LLC (fictitious individual)
Brief bio of John Smith will list his credentials, etc. or whatever we chose to put here.

Index:

1. Sources of the Law: forms and regulations
a. HUD
b. FDIC
c. IRS
d. US Code title II
e. Local statutes and codes
::1. W Rules in Maryland Rules of Procedure
::2. Real Property Article of Maryland Code : Section 7-105 of the Real Property Article
::3. Baltimore City Forms, motions, orders (Circuit Court)

f. provisions of BR Rules relating to judicial sales, trustees and auctioneers
g. judicial interpretations of the rules and common law

2. Preliminary summary and procedures
a. Assent to decree
b. Power of Sale
c. Ex Parte
d. Strict Foreclosure
e. Lender instructions

3. Other types of foreclosure:
a. Common law
b. Common law of land
c. Installment contract
d. Condominium lien
e. Federal Court
f. Sheriff Sale
g. Statute of Frauds and sheriff sale
h. Writ of habare facias possessionem

4. Rights and liabilities of purchaser:
a. Equitable title
b. Liability of Agent
c. Right to Withdraw bid

5. Power of Sale foreclosure:
a. Mortgages
b. Deeds of trust
c. Caption
d. Mortgage Assignee
e. Death of Mortgage Assignee

6. Receiverships:
a. Limitations: Documents:
::1. letters
::2. notices
::3. petition to appoint

7. Judgements and Liens:
a. Renewal
b. Renewal and joint tenants
c. Mechanics
d. Defective mortgage
e. Federal tax liens
f. State and local government unit tax

8. Bankruptcy:
a. Overview of Code:
::1. Chapter 7
::2. Chapter 11
::3. Chapter 13
::4. Chapter 14

9. Resale, costs and fees:
a. Petition
b. Calculation of trustee commissions fees:
::1. trustee
::2. auctioneer
::3. attorney commissions
c. Recording fees:
::1. division of
::2. state fees
::3. transfer fees
::4. taxes

10. Settlement and after sale:
a. Deeds
b. Trusts
c. Titles
d. Report of sale and ratification
e. Statute of Frauds and foreclosure sales
f. Appeal:
::1. time
::2. bonds
::3. appellate jurisdiction

11. Documents:
a. Notices
b. Bonds
c. Injunctions
d. Deeds
e. Liens, taxes
f. Judgments
g. Mortgages:
::1. Purchase Money
::2. Assumption
::3. Release of
::4. Guaranty

12. Miscellaneous:
a. Notices
b. Presale activities
c. Trustee's Role
d. Housing Code violations
e. Exceptions


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