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09.03.12 - Commissioner of Financial Regulation - Final Regulations

FINAL ACTION ON REGULATIONS
MARYLAND REGISTER, VOLUME 44, ISSUE 22,
FRIDAY, OCTOBER 27, 2017

Title 09
DEPARTMENT OF LABOR, LICENSING, AND REGULATION

Subtitle 03 COMMISSIONER OF FINANCIAL REGULATION

Authority: Real Property Article, §7-105.1 and 7-105.14, Annotated Code of Maryland

COMAR 09.03.12 - Foreclosure Procedures for Residential Property

Notice of Final Action
[17-197-F]

On October 2, 2017, the Commissioner of Financial Regulation adopted amendments to Regulations .01 and .08 under COMAR 09.03.12 Foreclosure Procedures for Residential Property. This action, which was proposed for adoption in 44:17 Md. R. 840 (August 18, 2017), has been adopted as proposed.

Effective Date: November 6, 2017.

ANTONIO P. SALAZAR
Commissioner of Financial Regulation

.01 Definitions.
  A. (text unchanged)
  B. Terms Defined.
    (1) — (29) (text unchanged)
    (30) “Vacant and abandoned” means a finding by the appropriate circuit court that a residential property is vacant and abandoned pursuant to Real Property Article, §7-105.14(c), Annotated Code of Maryland.

.08 Notice of Filing.
  A. — D. (text unchanged)
  E. Notice of Filing with Respect to Properties Found to Be Vacant and Abandoned. A form substantially similar to that in Appendix H-6 of this chapter shall be used to comply with the notice of filing requirement when accompanying an order to docket or complaint to foreclose with respect to a property that is vacant and abandoned.