Bank Owned Property in Two Jurisdictions

[Adam S.]

Hello,

I am an investor interesting in Purchasing an Maryland REO that is being marketed through an online auction company in Maryland. The property is unusual because it's divided between two different counties. It has two different tax IDs, but the same address.

The bank won ownership of the property through a sub-trustee auction in one of the counties, and the sub-trustee subsequently recorded the property in that county.  However, the sub-trustee did not record the purchase in other county and also failed to accurately allocated the recording fees between the two counties.  She recorded as if the entire property was in the one county. 

Does anyone have any case law or references that explains how the law handles foreclosures in a shared jurisdiction property?