§ 17.40.730. Property subject to foreclosure—Registration.

A.

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

1.

The notice shall identify the residential 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 property subject to the foreclosure action and the name, address, and telephone number of the person authorized to make the sale.

2.

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 property prior to the sale of the residential property.

B.

Failure to provide notice. A person authorized to make the sale who fails to give notice as required in this Section shall be subject to a civil fine, as established by resolution of the City Council.

C.

Disclosure of information. In order to deter arson, theft, trespassing, and vandalism, any 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.

(Ord. No. O-52-09, § I, 2-22-2010)