Maryland Legal Alert May 2008

MARYLAND LEGAL ALERT keeps you updated on Maryland legal developments affecting financial services providers.

Trigger Rates for May 2008

A mortgage loan is covered by special Truth-in-Lending Act HOEPA requirements if the annual percentage rate on the loan at consummation will exceed by more than a "specified percentage" the yield

General Assembly Passes Overhaul Of Critical Areas Act

House Bill 1253, the first major overhaul of Maryland’s Critical Areas law in a quarter century, was one of the key pieces of legislation coming out of Annapolis this year.

Maryland Legal Alert - Special Edition of April 7, 2008

FORECLOSURE AND RESIDENTIAL MORTGAGE LAWS EFFECTIVE IMMEDIATELY

Legislature Fixes Problem with Vacation Leave Payouts

The Maryland Wage Payment and Collection Act (“WPCA”) provides that an employee must be paid all wages by the regular pay date following his/her termination of employment.

Basic Commercial Drafting

Ecker Business Training Center6751 Columbia Gateway DriveColumbia, MDThursday, April 3, 2008

Maryland Legal Alert - April 2008

COURT CLARIFIES PERMITTED FEES ON SECOND MORTGAGE LOANS

When Are Outpatient Services Not "At the Hospital"?

There can be a blurry line between outpatient services that are provided "at the hospital" and services provided to outpatients at a nearby building on a hospital's campus.

Unrelated Business Income Tax from Captive Medical Practices

Last year, the Internal Revenue Service (IRS) issued Private Letter Ruling 200716034.
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