2013 Maryland Code
§ 8-306 - Taxes on property acquired

MD Transp Code § 8-306 (2013) What's This?


(a) When property is acquired under this subtitle, the real estate taxes due on the property shall be apportioned as of the earlier of:

(1) The date on which the Administration or Commission takes possession or has the right to take possession of the property; or

(2) The date on which the title to the property is transferred.

(b) The Administration or Commission shall pay its share of those real estate taxes as are due for the year in which the date of apportionment occurs.

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