Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 12-1203 - Specific Payment Plan or Loans to Borrowers Not Holding Fee Simple Interest Not Required — Maryland Law | CourtGPT
  1. Home/
  2. Laws/
  3. Maryland/
  4. Commercial Law - Title 1 - General Provisions/
  5. Title 12 - Credit Regulations/
  6. Subtitle 12 - Reverse Mortgage Loans Act/
  7. Section 12-1203 - Specific Payment Plan or Loans to Borrowers Not Holding Fee Simple Interest Not Required
Maryland Legal Code

Section 12-1203 - Specific Payment Plan or Loans to Borrowers Not Holding Fee Simple Interest Not Required

Ask AI about this
This subtitle does not require a lender that offers to make a reverse mortgage loan to offer a reverse mortgage loan: (1) With any one or more particular payment plans; or (2) To a prospective borrower who holds title to a dwelling in other than fee simple interest.