Maryland Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession

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US-01018BG
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Description

Keeping possession of real property without a right, such as after a lease has expired or after the real property has be sold by the possessor, may entitle the owner to file a lawsuit for "unlawful detainer," asking for possession by court order, unpaid rent and damages. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.

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  • Preview Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
  • Preview Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
  • Preview Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
  • Preview Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession
  • Preview Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession

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FAQ

The homeowner can be evicted from the property as soon as 15 days after the court ratifies the sale. Homeowners are encouraged to plan for alternative housing earlier in the process to avoid a forced eviction.

594 (2020). The Court of Appeals held in Cunningham v. Davidoff, 188 Md. 437 (1947), that there was no statute of limitations on foreclosure sales, and the CSA held that this remains the law today.

Redemption Period in Maryland Some states have a law that gives a foreclosed homeowner time after the foreclosure sale to redeem the property. In Maryland, the borrower has up until the court ratifies the foreclosure sale to redeem the home.

Code, Tax-Prop. § 14-827. The owner or other person that has an estate or interest in the property sold by the collector may redeem the property at any time until the right of redemption has been finally foreclosed under the provisions of this subtitle.

You have up until ratification to redeem the home. After that, you won't get another opportunity to get your house back by redeeming it. Ratification typically takes place 30 to 45 days after the sale, though this varies from county to county.

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Maryland Complaint or Petition by Purchaser Against Possessor of Real Property After Judicial Foreclosure Sale - Repossession