{"data":{"id":"us-md/md.-code-real-property-3-104.1","jurisdiction":"us-md","citation":"Md. Code, Real Property § 3–104.1","heading":"","body":"(a) In this section, “residential property” means real property improved by four or fewer single family dwelling units that are designed principally and are intended for human habitation.\n(b) When recorded, a mortgage, deed of trust, or any other instrument securing a mortgage loan on residential property shall contain:\n(1) (i) The name and Maryland mortgage originator license number of the mortgage originator that originated the loan secured by the instrument; or\n(ii) An affidavit by the person that originated the mortgage loan secured by the instrument that the individual who originated the loan is exempt from the licensing requirement under Title 11, Subtitle 6 of the Financial Institutions Article; and\n(2) (i) The name and Maryland mortgage lender license number of the mortgage lender that made the loan secured by the instrument; or\n(ii) An affidavit by the lender that made the mortgage loan secured by the instrument that the lender is exempt from the licensing requirement under Title 11, Subtitle 5 of the Financial Institutions Article.\n(c) The Commissioner of Financial Regulation shall adopt regulations to implement the provisions of this section, including:\n(1) Minimum requirements for the inclusion of licensing information when a mortgage, deed of trust, or other instrument securing a mortgage loan on residential property is recorded; and\n(2) Consequences, including penalties, for the failure to include licensing information when a mortgage, deed of trust, or other instrument securing a mortgage loan on residential property is recorded.","path":["Article - Real Property"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=grp\u0026section=3-104.1","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:38Z","sha256":"0fa2f3eef5e91bfa7f87ed404500091e342ab05f04bfaf9bf8f4808fe880e1eb","source_id":"us-md","stale":false,"prev":"us-md/md.-code-real-property-3-104","next":"us-md/md.-code-real-property-3-104.2"},"notice":"GroundRules: Original legal text. Not legal advice."}