Division 12. Notice Concerning Residential or Commercial Property Subject to Foreclosure

Director means the Director of the Department of Permitting, Inspections, and Enforcement or the Director's designee.

Person authorized to make the sale means the person designated pursuant to the Maryland Rules to sell residential property subject to foreclosure.

Residential property means real property improved by four or fewer single family dwelling units.

Municipality means an incorporated city or town within Prince George's County.

Commercial property means any improved and unimproved real property that is zoned industrial, commercial, or nonresidential use under the provisions of Subtitle 27 of this Code.

Within five calendar days after a person authorized to make the sale of a residential or commercial property has filed an order to docket or a complaint to foreclose a mortgage or deed of trust on residential or commercial property located in the County, the person authorized to make the sale shall give notice of the filing to the Director.

The notice shall identify the residential or commercial property subject to foreclosure by street address and, if known, by tax account number, and shall include the names and addresses, if known, of all owners of the residential or commercial property subject to the foreclosure action and the name, address, and telephone number of the person authorized to make the sale.

The person authorized to make the sale may provide to the Director the name, address, and telephone number of a person authorized to manage and maintain the residential or commercial property prior to the sale of the residential or commercial property.

In order to deter vandalism, theft, arson, or trespassers, the notice filed with the Director shall be maintained as confidential financial information of the person authorized to make the sale and shall not be disclosed by the Director until a deed has been recorded for the property.

Not withstanding subsection (a) above, the Director may enter into a Memorandum of Understanding to disclose the confidential information about the finances of an individual with a municipality that has enacted a local ordinance or law implementing Chapter 149, Laws of Maryland, 2009. The Memorandum of Understanding shall specify that the confidential financial information shall not be shared with any third parties pursuant to the Maryland Public Information Act.

All owners or persons authorized to manage and maintain the residential or commercial property to be foreclosed shall be responsible for the property standards and maintenance requirements in Division 1 and 7 of Subtitle 13.

The Director shall have authority, in accordance with Division 1 and 7 of Subtitle 13, to seek compliance with the property standards and maintenance of properties registered under this Division.