Commercial Foreclosures (Power of Sale) (MD) | Practical Law

Commercial Foreclosures (Power of Sale) (MD) | Practical Law

A Practice Note discussing the procedures and primary considerations for conducting a foreclosure under a power of sale provision in a deed of trust or mortgage secured by commercial real property in Maryland. This Note also reviews the steps under Maryland law for appointing a receiver, taking possession of a foreclosed property, and obtaining a deficiency judgment.

Commercial Foreclosures (Power of Sale) (MD)

Practical Law Practice Note w-016-4198 (Approx. 24 pages)

Commercial Foreclosures (Power of Sale) (MD)

by Edward J. Levin and David S. Musgrave, Gordon Feinblatt LLC, with Practical Law Real Estate
Law stated as of 31 Dec 2021Maryland
A Practice Note discussing the procedures and primary considerations for conducting a foreclosure under a power of sale provision in a deed of trust or mortgage secured by commercial real property in Maryland. This Note also reviews the steps under Maryland law for appointing a receiver, taking possession of a foreclosed property, and obtaining a deficiency judgment.