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Maryland Affidavit of Equity Verification - Collateral Posted in Circuit Court

State:
Maryland
Control #:
MD-SKU-0016
Format:
PDF
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Affidavit of Equity Verification - Collateral Posted in Circuit Court

The Maryland Affidavit of Equity Verification — Collateral Posted in Circuit Court is a legal document that verifies the equity of collateral posted in the Circuit Court of Maryland. It is typically used when a loan is secured by property or when a party is requesting a judgment lien on the property. The affidavit must be signed and notarized by the affine (the person posting the collateral) and must include a description of the property, a statement of the amount of equity in the property, and a statement of the affine's interest in the property. The types of Maryland Affidavit of Equity Verification — Collateral Posted in Circuit Court include General Affidavit, Residential Property Affidavit, and Personal Property Affidavit.

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FAQ

Rule 2-535 - Revisory Power (a) Generally. On motion of any party filed within 30 days after entry of judgment, the court may exercise revisory power and control over the judgment and, if the action was tried before the court, may take any action that it could have taken under Rule 2-534.

If there is no further filing within 120 days after the garnishee's answer is filed, after proper notice to both you and the judgment creditor, the garnishee may file a notice of intent to terminate the writ of garnishment (Md. Rule 3-645.)

The affidavit must be signed by you, and swear (or affirm) under the penalties of perjury that what you are saying is true. For example: ?I solemnly affirm under the penalties of perjury and upon personal knowledge that the contents of the foregoing paper are true.?

Rule 2-519 - Motion for Judgment (a) Generally. A party may move for judgment on any or all of the issues in any action at the close of the evidence offered by an opposing party, and in a jury trial at the close of all the evidence.

A show cause order is a mandatory court order that requires the party served to appear in court and explain or justify why the court should not take a proposed action. Typically, the court issues a Maryland Show Cause Order once a party requests specific relief and provides evidence to support their request.

Rule 3-533 - Motion for New Trial (a) Time for Filing. Any party may file a motion for new trial within ten days after entry of judgment. A party whose judgment has been amended on a motion to amend the judgment may file a motion for new trial within ten days after entry of the amended judgment.

(1) File a motion in the District Court where the case was (Use form DC-002) You can file this motion in writing within ten (10) days after the date of the judgment. You must state in writing all of the reasons that you believe that the District Court judge made the wrong decision.

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Maryland Affidavit of Equity Verification - Collateral Posted in Circuit Court