Md. Code Ann., Com. Law § 12-1110.1
Notice of default, court action to recover property
Effective Oct 1, 2012Added by Acts 2012, c. 575, § 1, eff. Oct. 1, 2012; Acts 2012, c. 576, § 1, eff. Oct. 1, 2012.State of Maryland
- (a) A lessor may not bring a court action to recover property subject to a rental-purchase agreement until 15 days after the consumer has been sent notice of a default.
- (b) Notice of default sent by certified mail to the consumer's last known address constitutes notice.
- (c) The notice shall include any amount the consumer must pay to reinstate the rental-purchase agreement, if applicable.
Added by Acts 2012, c. 575, § 1, eff. Oct. 1, 2012; Acts 2012, c. 576, § 1, eff. Oct. 1, 2012.