§ 8B-1. Definitions.

(a) In general.

In this subtitle, the following terms have the meanings indicated.

(b) Foreclosure purchaser.

"Foreclosure purchaser" means:

(1) any person who purchases residential property in:

(i) a foreclosure sale under Maryland Rules Title 14 {"Sales of Property"}, Chapter 200 {"Foreclosure of Lien Instruments"};

(ii) a judicial sale under Maryland Rules Title 14 {"Sales of Property"}, Chapter 300 {"Judicial Sales"}; or

(iii) a tax sale under Maryland Rules Title 14 {"Sales of Property"}, Chapter 500 {"Tax Sales"}; and

(2) any substituted purchaser, as defined in Maryland Rule 14-207(f)(3).