Maryland · money left over after a foreclosure sale

You can claim it yourself, for free

Who holds it

Held under the circuit court's supervision: the court auditor states the surplus in an account, and the court ratifies who gets it

How long

Claims are filed in the court case before the auditor's account is finally ratified.

How you claim

File a claim for the surplus in the circuit court foreclosure case. The court auditor's report recommends who is paid, and the court ratifies it. You can file exceptions to the report within the short time allowed.

If someone offers to do it for you

Fee limits: Not researched yet — ask the clerk.
Any deal must be in writing.
You never need to pay anyone to file.

Checklist: Maryland, money left over after a foreclosure sale

Who holds it: Held under the circuit court's supervision: the court auditor states the surplus in an account, and the court ratifies who gets it

How long: Claims are filed in the court case before the auditor's account is finally ratified.

How you claim: File a claim for the surplus in the circuit court foreclosure case. The court auditor's report recommends who is paid, and the court ratifies it. You can file exceptions to the report within the short time allowed.

Your deadline: ____________ (confirm it with the clerk)

Steps

Follow the foreclosure case after the sale is ratified.
File your claim to the surplus before the auditor's account is finally ratified.
Read the auditor's report and file any exceptions promptly.
Payment follows the court's ratified audit.

Documents

Not researched yet — ask the clerk

What it costs you

Not researched yet — ask the clerk

If someone offers to do it for you

Fee limits: Not researched yet — ask the clerk.
Any deal must be in writing.
You never need to pay anyone to file.

Official links

Maryland Office of Financial Regulation – Foreclosure surplus: https://dllr.state.md.us/FINANCE/industry/frforeclosuresurplus.shtml
Md. appellate opinion on surplus claims (Rule 14-216(a)): https://www.mdcourts.gov/sites/default/files/unreported-opinions/1577s17.pdf

Source: Md. Rule 14-216; Md. Code, Real Property §§7-314, 7-315; Md. Code, Real Prop. §7-301(g)-(h); Md. Code, Real Prop. §7-301(i)-(k); Md. Code, Real Prop. §7-314(a)-(b); Md. Code, Real Prop. §7-314(c)-(e); Md. Code, Real Prop. §7-314(f); Md. Code, Real Prop. §7-315; Md. Code, Real Prop. §7-302(a)(1); Md. Code, Real Prop. §§7-318. Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.