1. A. In this chapter, the following terms have the meanings indicated.

2. B. Terms Defined.

   1. (1) “Mortgage lender licensee” means a person licensed under Financial Institutions Article, §§11-501—11-524, Annotated Code of Maryland.
   2. (2) “Mortgage loan” means any loan or extension of credit secured by residential property.
   3. (3) “Mortgage loan originator licensee” means an individual licensed under Financial Institutions Article, §§11-601—11-618, Annotated Code of Maryland.
   4. (4) “Nationwide Mortgage Licensing System and Registry (NMLSR)” has the meaning stated in Financial Institutions Article, §11-501, Annotated Code of Maryland.
   5. (5) “Residential property” has the meaning stated in Real Property Article, §3-104.1, Annotated Code of Maryland.
   6. (6) “Security instrument” means a mortgage, deed of trust, or any other instrument securing a mortgage loan.

   7. (7) Single Family Dwelling Unit.

      1. (a) “Single family dwelling unit” means a structure principally designed for the residential habitation of one family.
      2. (b) “Single family dwelling unit” includes an individual residential condominium unit within a larger structure or complex, regardless of the total number of individual units in that structure or complex.

      3. (c) “Single family dwelling unit” does not include a structure that:

         1. (i) Is not intended, and has never been used, for human habitation; or
         2. (ii) Is intended for human habitation, has never been occupied, but for which a use and occupancy permit, if required, has never been issued.
   8. (8) “Unique identifier” has the meaning stated in Financial Institutions Article, §11-601, Annotated Code of Maryland.

Authority: Real Property Article, §3-104.1, Annotated Code of Maryland

Effective date:

Regulation .01 adopted as an emergency provision effective April 10, 2008 (35:10 Md. R. 970); emergency status extended at 35:23 Md. R. 2012

Regulation .02 adopted as an emergency provision effective May 23, 2008 (35:13 Md. R. 1177); emergency status extended at 35:23 Md. R. 2012

Regulations .01 and .02 adopted effective December 29, 2008 (35:26 Md. R. 2247)

Regulation .01B amended effective March 15, 2010 (37:5 Md. R. 427); July 3, 2017 (44:13 Md. R. 621)

Regulation .02 amended effective March 15, 2010 (37:5 Md. R. 427)

Regulation .02A amended effective July 3, 2017 (44:13 Md. R. 621)