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2 Answers | Asked in Estate Planning and Probate for Maryland on
Q: In Maryland, can a trust contain the power/authority to hold $150,000 from the beneficiaries indefinitely?

150,000 is to provide funding to place flowers on three gravesites two times each year.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Apr 29, 2019

A trust can usually be set up for any purpose the person making the trust (called a Grantor or Settlor) desires, with any kind of stipulations the Grantor deems appropriate in their own eyes. If the Grantor wanted to reserve $1 million to feed pigeons at a local park, they could usually do so,... View More

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1 Answer | Asked in Estate Planning for Maryland on
Q: When a loved one passes away are you required by law to open up an estate if they have a house in a reverse mortgage
Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Apr 17, 2019

If someone dies with property titled in their sole name, then yes, an estate should be opened. Very generally speaking family has no obligation to open an estate (unless they are the named personal representative in a will) but it is usually in their interests to do so.

A reverse...
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2 Answers | Asked in Real Estate Law for Maryland on
Q: If I sell my Maryland house with a life estate deed WITH power before I die, is the remainderman entitled to anything?
Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Apr 7, 2019

No.

Life estate deeds with full powers are used regularly for estate planning in this state and if properly drafted the remainderman has no interest whatsoever until the life tenant dies.

Please note that an attorney cannot realistically answer questions about a specific deed...
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2 Answers | Asked in Real Estate Law and Tax Law for Maryland on
Q: Could this lien be for a house sale because I did not live in Md. In 2015. Grounds and authorities: section 13-805 -

13-809 tax general general article annotated code of Md.

Is this a property tax lien?

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 22, 2019

While an attorney cannot analyze a purported lien without looking at it, property tax liens for failing to pay annual property taxes usually fall under the tax PROPERTY article, title 14 (not the tax GENERAL article).

The code section you cited in the general tax article usually...
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1 Answer | Asked in Business Law for Maryland on
Q: What is the maximum interest I can charge for a business tenant rent default in Maryland

this is a partial rent default by an offshore tenant

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 20, 2019

Maryland's usury laws are fairly complicated. The location of the tenant is likely irrelevant. The general legal rate of interest in MD is 6%. Most of the time people can charge up to 8% so long as there is a written agreement to that effect. However parties can agree in various... View More

1 Answer | Asked in Probate for Maryland on
Q: My husband passed away, no will. He was the sole owner on the house and one vehicle. Will I be forced to sell home

Husband has credit card debt. There are no cash assets as all bank accounts were jointly owned.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 20, 2019

When someone dies without a will, the laws of intestate succession apply. Depending on what other family they leave behind, property may have to be split with the children or parents of the person who died. Generally the person handling the estate will want to wait before paying credit card... View More

4 Answers | Asked in Real Estate Law for Maryland on
Q: I want to put the deed to my mortgaged home in my sons name,what is the first step/
Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 20, 2019

Both attorneys correctly noted the general principle that people need to pay off their mortgage before transferring / deeding their property, BUT there are still ways a parent can legally add a child to a deed without needing to pay off the mortgage early.

A) If the goal is to transfer...
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2 Answers | Asked in Probate for Maryland on
Q: In Maryland if there is no will and the estate representative doesn’t sell the home of the deceased in the allotted time

And the state takes over and puts it up for auction, does the state have to sell it at the appraised amount? There are no taxes owed , however because of other heirs Maryland State allows a certain length of time to sell and distribute all monies .

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 20, 2019

The difficulty with your post is the phrase "and the state takes over and puts it up for auction." That is not normal, so an attorney would want to understand why the state of Maryland would possibly be involved with putting up a property for sale. Now Maryland counties routinely put... View More

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2 Answers | Asked in Real Estate Law for Maryland on
Q: I own a timeshare with my mother, who is now deceased. How can I get her name off the deed?

The timeshare is in Cocoa Beach, FL. I would like to add my sister and niece as beneficiaries. What is the best way to correct this situation? P.S. I have the death certificate; neither the resort nor the exchange company will make the change.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 13, 2019

This can only be done by a Deed. The Personal Representative is the only one with authority to sign a deed after someone dies, so this requires someone to serve as Personal Representative. An estate should be opened where the deceased person was domiciled (which may or may not be where they... View More

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2 Answers | Asked in Real Estate Law for Maryland on
Q: We are on Septic, "Will we be able to sell our house?" - drain field is not on our property.

My question for you is: Is this legal? Would we be able to sell our house with the drain field across the street from our property? What should we do?

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 20, 2019

Some options in situations like this are getting and recording an easement from the neighbor on whose property the drain field lies, or, in some situations, replacing the entire septic system with a documented one solely on the right property.

An environmental study might not be...
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3 Answers | Asked in Consumer Law, Foreclosure, Real Estate Law and Securities Law for Maryland on
Q: Can a settlement agent who signs a loan application also be the notary and witness on a deed of trust.

Seems to be to many roles and a conflict of interest, fraud or unethical. I read somewhere that only an attorney can prepare deeds of trusts.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Mar 4, 2019

As Mr. Sternberg noted, a notary cannot witness their OWN application but they most certainly can witness any other borrower signing that and the host of other documents a borrower signs at a closing. A notary who witnesses documents to get title insurance must also be a licensed title insurance... View More

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2 Answers | Asked in Real Estate Law for Maryland on
Q: My bank account has been levied. Can they take all of my money out ? or is there a certain amount that can be taken ?
Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Feb 21, 2019

The question does not describe the context but I'll assume that the asset seizure stems from a judgment which someone is trying to collect.

Maryland law exempts certain amounts from garnishment, but the exemption is not automatic. Very generally speaking Maryland allows an individual...
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3 Answers | Asked in Foreclosure and Real Estate Law for Maryland on
Q: My father recently purchased a single-Family home at auction. What is the best way for me to get a loan for 60% equity?

We're trying to understand the laws and process to determine the best way for me to live in the house and pay back the Money to my father. We are trying to avoid as many taxes and fees as possible.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Feb 11, 2019

If your father owns the property free & clear and he is looking to give it to you, in exchange for you paying him back, this sounds like a family mortgage situation. This is documented by a note and mortgage/deed of trust. My firm helps clients set up family deed transfers and family... View More

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1 Answer | Asked in Real Estate Law for Maryland on
Q: I have a Tax Lien certificate in Charles county MD. What statute shows allowable costs for Letter of Settlement?

I purchased the lien cert from the original bid winner for $4,000 so that i could foreclose. Is that an allowable cost?

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 24, 2019

The reimbursable expenses are outlined in Md Ann Code Tax Property Article Title 14. Specifically you'll want to look at 14-843. No, the costs of purchasing a lien certificate are not recoverable although the amount of taxes the original purchaser paid would be.

Because the statute...
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1 Answer | Asked in Legal Malpractice for Maryland on
Q: A lawyer doctored a document and presented it as the original to win his case. What can be done.

Additionally the judge sealed both documents to protect the lawyer. Defendant wants both examined by an expert.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 11, 2019

Most rulings can be appealed if there was an error in the trial court's handling of the evidence. However, keep in mind that appeal rights are very time sensitive.

Separately, the Attorney Grievance Commission in this state investigates charges of lawyer misconduct.

While...
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1 Answer | Asked in Consumer Law, Foreclosure, Real Estate Law and Civil Rights for Maryland on
Q: Is anyone familiar or heard of Mortgage Edge Corporation. They're listed on Deed of Trust as beneficiary.

But are listed on the mortgage note, as the Lender. The loan has been sold and transferred several times. The latest one it was transferred or sold to is Ocwen Loan Servicing. They've had the loan twice.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 11, 2019

The beneficiary under a Deed of Trust IS the lender.

Although this online forum is not designed to seek legal research on specific issues / entities / matters, you can check with the State Department of Assessments and Taxation (SDAT) for information on the last known resident agent for...
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2 Answers | Asked in Contracts and Real Estate Law for Maryland on
Q: My new commercial lease does not include any terms regarding rent increases. Is there a maximum amount in Maryland?

Lease is one year with automatic renewal.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 10, 2019

No, commercial leases don't have caps in this state and generally the terms can be whatever the parties negotiate.

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1 Answer | Asked in Real Estate Law for Maryland on
Q: Am I responsible for water and sewer charges that were charged to the builder? I'm being sued over front foot fees.

These fees were not disclosed at our closing and now were being taken to court over what doesn't seem like a legitimate charge.

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 8, 2019

Generally front foot assessments go with the property and become an obligation of the new owner (the same way HOA fees or property tax obligations would). Typically these payments last up to 30 years after a new development is built. That being said, both the contract and the closing paperwork... View More

2 Answers | Asked in Real Estate Law, Foreclosure and Estate Planning for Maryland on
Q: I am a trustee on a property that's in pre foreclosure. I would like to buy the home. Trust doc says we can buy and sell

The second trustee is not communicating with the family after helping herself to funds from the trust for her own use.

What can I do to redeem the property from the bank? Can I take over the loan and have the fees removed? Can I refinance although I'm not on the loan? The borrower has... View More

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Jan 10, 2019

Under federal law, family members inheriting property may be able to simply take over the mortgage payments instead of refinancing in certain situations. However, whether that is feasible depends on other factors, such as buy-out ability. If the property remains in Trust, it is sometimes... View More

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1 Answer | Asked in Health Care Law and Medical Malpractice for Maryland on
Q: Does a doctor break any laws dating a former patient?

Is there any legally required wait period?

Cedulie Renee Laumann
Cedulie Renee Laumann
answered on Dec 27, 2018

As with many things legal, whether a romantic relationship is legally problematic will depend on the circumstances. Was the doctor pursuing the patient while treating or did the romantic interest arise well after the termination of the doctor/patient relationship? Was the doctor/patient... View More

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