Greenspoon Marder Financial Services Updates – State of Maryland

News Aug 13, 2020 Fort Lauderdale, FL

Court of Appeals of Maryland Issues Second Amended Administrative Order on Foreclosures & Evictions

On August 11, 2020 the Court of Appeals entered an administrative order amending the previous orders with regards to foreclosures and evictions. This amended order does not impose any further moratoriums or restrictions than what has already been enacted.

It notes that the Federal moratoriums and State moratoriums are applied to foreclosures in different ways (for example, no Maryland moratorium makes any distinction between federally-insured and non-federally insured loans) and the State Courts are ill-equipped to determine if a case is covered by Federal moratoriums. Because of this, the Court of Appeals has required that in any foreclosure or eviction case that is to proceed at the present a Declaration of Compliance with the CARES Act (for eviction or ejectment cases) or a Declaration of Exemption from Moratorium (for foreclosure cases) must be filed. This is to ensure that State Courts do not accidentally violate any Federal rules. The form for the Declaration of Compliance with the CARES Act is linked here; however no specific form for the Declaration of Exemption from Moratorium has been promulgated.

At the present time the Court of Appeals has not suggested a specific punitive or penalizing result from failure to complete this; though failure to do so timely upon direct request could result in dismissal of the foreclosure case at the presiding Judge’s discretion.

Please also be aware that Maryland continues to have a moratorium on sending the Notice of Intent to Foreclose; which is the most notable rule in the State as it effectively is a moratorium on initiating foreclosure in general. This recent amended order does not effect this moratorium in any way.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with nearly 250 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has upheld a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

MEDIA CONTACT

Natalie Villanueva, Director of Marketing
954.333.4308 | natalie.villanueva@gmlaw.com

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

Next Previous

Subscribe for
News & Events

Search By Author

Search By Practice Area

Search By State

News

Greenspoon Marder Financial Services Updates – State of Maryland

Share

Subscribe for News & Events

News & Events

News & Events

Subscribe for
News & Events