The Office of the Commissioner of Financial Regulation

Marylands Foreclosed Property Registry

Background
Maryland Foreclosure Task Force
RecommendationCreate a centralized Foreclosed Property Registry Legislation: To allow government officials to better locate parties about the condition of foreclosed properties during the limbo period between a foreclosure auction and the ultimate recordation of the property deed. Create a simple central resource by which State and local governments have timely access to contact information for reaching the purchasers of foreclosed properties after a property auction.
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Registry
House Bill 1373 Passed during 2012 legislative session Marylands Office of the Commissioner of Financial Regulation (OCFR) responsible for creating and implementing Became active and available for use on October 1st
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Registry
Accessible through Financial Regulations Homepage

Registry
https://www.dllr.state.md.us/ForeclosureRegistry/web/content/Home.aspx

Process-Purchasers

Register as a user Initial Registration Final Registration

Initial Registration
Timing and Information Within 30 days of the purchase, the purchaser must register the following information: The name, telephone number and address of purchaser The street address of the property purchased in the foreclosure sale The date of the foreclosure sale Whether the property is a single-family or multi-family property The name and address of the person, including a substitute purchaser, who is authorized to accept legal service for the foreclosure purchaser Whether the foreclosure purchaser has possession of the property

Initial Registration (cont.)

To the best of the foreclosure purchasers knowledge at the time of registration: Whether the purchased property is vacant The name, telephone number and street address of the person who is responsible for the maintenance of the property

Registration Number: After the property is registered, the purchaser will receive a property ID # which will be required to submit the final registration below.

Fee: There is a fee of $50 for on-time initial registration and $100 for the initial registration filed after the time period required. Pay pal will be used for payment.

Final Registration
Timing and Information Within 30 days of the deed being recorded, the original purchaser must register the following information: The name, telephone number and address of the owner on the deed The date of the ratification of the sale The date the deed was recorded A subsequent purchaser may not submit this information. Fee: There is no fee for the final registration.

Local Jurisdictions
All county offices or municipal corporations, their agencies and representatives have access to the data specific to their county

Follow instructions on site to register as an export user

Approval for registration should be issued in 24-48 hours
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Using the Registry

Register as an EXPORT USER After registration is complete you will receive an email (24-48 hours) from OCFR that your request has been approved

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Downloading Data

Input date range Download data in Excel (CSV format) Note: the jurisdiction is assigned at OCFR when your registration is approved

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Enforcement Authority
Local jurisdictions may enact a law that imposes a civil penalty for failure to register a property in an amount not to exceed $1,000 Local jurisdictions, when taking action related to a residential property on the Registry can collect the cost associated with the action as a charge on the property tax bill when proper notice is provided
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Contact information

Cara Stretch
Director of Foreclosure Administration Phone: 410-230-6099 Email: cstretch@dllr.state.md.us

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