Section 24-405 - Rights of mortgageeA request by a mortgagee for the appointment of a receiver, the appointment of a receiver, or the application by a mortgagee of receivership property or proceeds to the secured obligation does not:
(1) Make the mortgagee a mortgagee in possession of the real property;(2) Make the mortgagee an agent of the owner;(3) Constitute an election of remedies that precludes a later action to enforce the secured obligation;(4) Make the secured obligation unenforceable; or(5) Limit any right available to the mortgagee with respect to the secured obligation.Added by 2019 Md. Laws, Ch. 284,Sec. 1, eff. 10/1/2019.