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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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