§ 13-532. Duties of lienholders prior to sale of property.  


Latest version.



  •    (a) Before exercising right to sell property. -- Before exercising the right to sell property that has been seized under this subtitle, a lienholder shall give to the forfeiting authority:

       (1) written notice of the intention to sell;

       (2) copies of documents giving rise to the lien; and

       (3) an affidavit under oath by the lienholder:

          (i) stating that the underlying obligation is in default; and

          (ii) stating the reasons for the default.

    (b) Release of property to lienholder. -- On request of the lienholder, the forfeiting authority shall release the property to the lienholder.


HISTORY: 2013, ch. 636.