Either: (1) a plan (aka MD Written No later than the MD. CODE ANN., a revolving credit Closing Acknowledgement of 16099 Not specified time of COM. LAW. §§ & Yes No plan); or (2) a loan Delivery of the Note consummation (West 2012) (closed end credit) A purchase-money mortgage or deed of Before delivering not trust, except one proceeds, deducting wherein it is lawful charges, interest, MD. CODE ANN., MD Delivery of Net 16100 (upon Closing to charge any rate of Land expenses, or REAL PROP. § Yes Yes Proceeds Authorization request) interest under Md. advancing escrow (West 2012) Code Ann., Com. Law and charges due § 12-103(e) (West from the borrower 2012) Owner-occupied residential property, or Not specified, but MD. CODE ANN., MD Property Tax 17045 (upon business property practically a Not specified TAX-PROP. § No No Closing Installment Direction request) in connection to purchase loan (West 2012) which total taxes do not exceed $100,000
Closing MD Written Acknowledgement of Delivery of the Note 16099 Either: (1) a plan (aka a revolving credit plan); or (2) a loan (closed end credit) Not specified No later than the time of consummation MD. CODE ANN., COM. LAW. §§ & (West 2012) Yes No Closing MD Delivery of Net Proceeds Authorization 16100 (upon request) A purchase-money mortgage or deed of trust, except one wherein it is lawful to charge any rate of interest under Md. Code Ann., Com. Law § 12-103(e) (West 2012) Land Before delivering not proceeds, deducting charges, interest, expenses, or advancing escrow and charges due from the borrower MD. CODE ANN., REAL PROP. § (West 2012) Yes Yes Closing MD Property Tax Installment Direction 17045 (upon request) Not specified, but practically a purchase loan Owner-occupied residential property, or business property in connection to which total taxes do not exceed $100,000 Not specified MD. CODE ANN., TAX-PROP. § (West 2012) No No
Initial-Disclosure-Signature-Matrix.docx