Duties of lienholders prior to sale of property.

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    (a)    Before exercising the right to sell property that has been seized under this subtitle, a lienholder shall give to the forfeiting authority:

        (1)    written notice of the intention to sell;

        (2)    copies of documents giving rise to the lien; and

        (3)    an affidavit under oath by the lienholder:

            (i)    stating that the underlying obligation is in default; and

            (ii)    stating the reasons for the default.

    (b)    On request of the lienholder, the forfeiting authority shall release the property to the lienholder.


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