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(a) Definitions. In this Section, the following words have the meanings indicated:
Department means the Department of Housing and Community Affairs.
Director means the Director of the Department.
Foreclosed Property Registry means the internet-based Foreclosed Property Registry established by the State Department of Labor, Licensing, and Regulation as required by Section 14-126.1 of the Real Property Article of the Maryland Code.
Foreclosure purchaser means the person identified as the purchaser on the report of sale required by Maryland Rule 14-305 for a foreclosure sale of residential property.
(b) Registration required. A foreclosure purchaser must submit any required registration to the Foreclosed Property Registry as required by Section 14-126.1 of the Real Property Article of the Maryland Code.
(c) Penalties. Any violation of this Article is a civil violation. The maximum penalty for a violation of this Article is $1,000 for an initial or repeat offense. (2017 L.M.C., ch. 9, §1.)