2013 Maryland Code
TAX - PROPERTY
§ 13-402 - Applicability of subtitle
§13-402.
(a) This subtitle applies in any county where the county imposes a transfer tax.
(b) The provisions of this subtitle are in addition to the public local laws of a county that relate to transfer taxes.
§ 13-402 - 1. County transfer tax on instruments of writing
(a) Imposition of tax. -- The governing body of a county that has adopted home rule powers under Article XI-F of the Maryland Constitution may impose a transfer tax on an instrument of writing:
(1) recorded with the clerk of the circuit court for the county; or
(2) filed with the Department.
(b) Amount of tax. -- A transfer tax imposed under this section:
(1) may not exceed 0.5%; and
(2) does not apply to an instrument of writing exempt from the State transfer tax under § 13-207 of this title.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
