Divorce and Family Law
Maryland’s New Assumable Mortgage Law in Divorce Cases: What You Need to Know About House Bill 1018
When going through a divorce, dividing property can often be one of the most challenging parts of the process—especially when it comes to the marital home. A new Maryland law, House Bill 1018, aims to make that process easier by requiring lenders to allow one party to assume the mortgage on a jointly owned home, rather than requiring a refinance. The law goes into effect on October 1, 2025, and includes retroactive provisions that may apply to existing divorce judgments. If you own property in…
July 9, 2025