Provide Loan Title Services for properties owned by individuals, corporations, not-for-profit organizations, limited partnerships, general partnerships, and limited liability companies that receive financing from the Department. As a lender, DHCD is required to confirm that a property is, in fact, owned by the borrower and that there are no unreported liens, judgments, or unreported debt associated with the property that would impact its ability to lien or encumber the property. As a lender, DHCD is also required to record a security in the property in the form of a deed of trust, mortgage, or other instrument. Property and Judgment Reports The Contractor shall provide property and judgment reports (“Reports”) for all of the twenty-three (23) counties located in Maryland and for Baltimore City. The Contractor is to provide these reports within ten (10) business days of a telephone request from DHCD. The Reports shall contain the following information: 1) Owner a) Manner in which the title is held; b) Deed volume and page of grantee; c) Purchase Price; and d) Date of Transfer. 2) Annual Taxes a) State; b) Municipal and County; and c) Delinquencies. 3) Valuation per SDAT/County Assessment a) Land Value; b) Improvements; and c) Frontage and depth of parcel.
