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Understanding Taxes and Requirements for Anne Arundel County Deed Transfers

Maryland deed transfers require more than just signing a deed and recording it with land records. Missing forms or documentation can delay the recording process or create an unnecessary cloud on the title. Depending on the transfer, the parties may need to complete required forms, provide supporting documentation, and determine what state or local taxes may be due.

 

All deeds in Maryland must be accompanied by a Land Instrument Intake Sheet. Additional documentation may be required, including a lien certificate, taxes, tax exemptions, county specific affidavits, or other charges against the property. In most counties, property tax and water bills need to be paid before deeds are processed but this is not true in all instances.

 

In Anne Arundel County, the current recordation tax is $7.00 for every $1,000 of taxable consideration, which is rounded up to the nearest $500. The county transfer tax is 1% for transactions under $1 million and 1.5% for transactions over that amount. Maryland also requires a state transfer tax, though exemptions exist for most intrafamily transfers.

 

Deed transfers can have immediate tax consequences and long-term effects on property ownership, therefore it’s important to prepare, sign, and record deeds properly. If you are considering transferring a property title in Anne Arundel County, consider consulting an experienced real estate attorney who can help determine which forms, taxes, exemptions, and recording requirements are required.

 

For a free, confidential consultation to discuss property title transfers, contact Maryland real estate attorney Stephen J. Reichert at 410-299-4959 or sreichert@reichertlegal.com.

 

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