Maryland Prescribes a Model Form for Expedited Foreclosure Proceedings for Vacant and Abandoned Properties
Effective November 6, 2017, the state of Maryland has amended regulation .08 under COMAR 09.03.12, Foreclosure Procedures for Residential Property. The amendment provides a model form to be used to expedite foreclosure proceedings for vacant and abandoned properties. The purpose of the form is to notify borrowers of their right to contest a finding that a property is vacant.
The model form may be found at: Model Form
The full text of the regulation may be found at: Full Text
Adam Faria, JD, is a regulatory compliance consultant with CLA. He is a graduate of Northeastern University and earned his juris doctor at Suffolk University Law School. He is admitted to the bar in Massachusetts and New Hampshire.
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