Maryland’s New “Automatic Subordination” of Junior Mortgages Law Takes Effect on 10-1-2013

Goldstein & Levy, P.A., General Counsel Legal Bulletin August 29, 2013 | Maryland’s New “Automatic Subordination” of Junior Mortgages Law Takes Effect on 10-1-2013 Maryland has enacted a new “Automatic Subordination for Junior Mortgages” statute will take effect on October 1, 2013. The statute (SB 199, Chapter 205 of the 2013 Laws of Maryland) provides…