Maryland Statutes

§ 12-1302

Maryland § 12-1302
JurisdictionMaryland
Article gclCommercial Law
Title12

This text of Maryland § 12-1302 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Commercial Law § 12-1302 (2026).

Text

(a)This subtitle applies to any lender that makes a mortgage loan secured by owner–occupied residential real property located in the State.
(b)This subtitle does not apply to:
(1)A secondary mortgage loan;
(2)An open–end or revolving home equity line of credit;
(3)A construction loan;
(4)An individual who takes back a deferred purchase money mortgage in connection with the sale of residential real property owned by, and titled in the name of, the individual; or
(5)An individual who makes a mortgage loan to a borrower who is the individual’s spouse, child, child’s spouse, parent, sibling, grandparent, grandchild, or grandchild’s spouse.

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Nearby Sections

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Bluebook (online)
Maryland § 12-1302, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/12-1302.