Maryland Statutes
§ 11-521
Maryland § 11-521
This text of Maryland § 11-521 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., Financial Institutions § 11-521 (2026).
Text
(a)A mortgage lender shall require a borrower to provide the mortgage lender with independent evidence of the commercial purpose of the loan where the loan is:
(1)Secured, in whole or in part, by any interest in a dwelling or residential real estate in Maryland; and
(2)In excess of $75,000.
(b)Other than the requirements of subsection (a) of this section, a mortgage lender is not required to make an independent investigation to obtain independent evidence of the commercial purpose.
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Nearby Sections
15
§ 11-101
§ 11-101§ 11-102
§ 11-102§ 11-201
§ 11-201§ 11-202
§ 11-202§ 11-203
§ 11-203§ 11-203.1
§ 11-203.1§ 11-203.2
§ 11-203.2§ 11-203.3
§ 11-203.3§ 11-204
§ 11-204§ 11-205
§ 11-205§ 11-206
§ 11-206§ 11-207
§ 11-207§ 11-208
§ 11-208§ 11-209
§ 11-209§ 11-209.1
§ 11-209.1Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 11-521, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gfi/11-521.