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Maryland Deed Drafting: Maryland In-Take Sheet Distinction Between Non-Arms Length and Arms Length Transaction

When a Maryland property deed is filed, the filing county requires an in-take sheet along with the Deed. Some counties have their own special in-take sheets (for example, Baltimore City) while others use the standard state of Maryland in-take sheet. One of the questions on the in-take sheet is whether the property transaction is a […]

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Maryland Property Law Attorney: Maryland Homestead Credit Application

The Homestead Credit limits the yearly increase in taxable assessments for qualifying Maryland real property to 10% or less each year. However, not every county has the same percentage cap. For example many set the cap at 10% however Prince George’s County and Anne Arundel County set the cap currently at 2%. This credit can […]

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Maryland Property Tax Appeal Lawyer: Can Maryland Reassess Property Value After Purchase?

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No, Maryland Department of Assessments and Taxation cannot reassess because the property was purchased. Property is assessed every three years throughout the state of Maryland. The exception to this is if the property was improved (i.e. an addition, increased finished space, etc.) at which point the state could reassess in between the three year cycle; […]

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Maryland Property Law Attorney: Purpose of the Maryland Homestead Credit

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The Homestead Credit limits the yearly increase in taxable assessments for qualifying Maryland real property. Once the Maryland Homestead Credit is applied the county and municipality must limit taxable assessment increases to 10% or less each year. The Homestead Credit has no impact on the market value of the property, it is simply a cap […]

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Maryland Property Deed Recording Fees, Surcharges, Recordation Tax, State Transfer Tax and County Transfer Tax, Laws & Requirements.

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In addition to the potential withholding payment required by Maryland law, one must pay to the county/state the applicable recording fee and surcharge, any applicable recordation tax (unless collected by the county fiscal office), any applicable state transfer tax, and any applicable county transfer tax (unless collected by the county fiscal office). To ensure your […]

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Baltimore City Property Deed Transfer Lien Sheet/Certificate Requirement

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To ensure your deed transfer is drafted and filed correctly under Maryland and Baltimore city laws, call or e-mail now for a free confidential consultation: Maryland deed transfer attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here. There are several important steps and decisions that must be made when properly filing a Maryland […]

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Baltimore County Maryland Property Deed Transfer Lien Sheet/Certificate Requirement

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There are several important steps and decisions that must be made when properly filing a Baltimore County, Maryland real estate deed. Besides all of the Maryland state requirements, Baltimore County, Maryland deed filings have the additional requirement: “[Baltimore] County taxes, assessments and charges. Except as provided in RP § 3-104(c)(1)7 with respect to personal property […]

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Baltimore Deed Transfer Lawyer: Baltimore City Property Deed Transfer Requirements

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There are several important steps and decisions that must be made when properly filing a Maryland real estate deed. Along with the state requirements, Baltimore deed filings have the additional requirement: “Baltimore City – All documents must have a 4″ blank margin at the bottom of the last page, or an additional blank page will […]

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Maryland Real Estate Lawyers: Real Estate Deed Transfer with Warranty Deed or Special Warranty Deed

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There is often confusion over the best way to transfer property in Maryland. There are several factors that must be considered such as: where you live, the nature of the transaction/property, and the parties involved in the deed transfer. Answers to these and other related questions will lead you to the correct legal choice for […]

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Maryland Property Tax Appeal: When Can I Appeal My Property Tax?

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Maryland law permits property owners to contest their real property taxes. The process allows us the opportunity to establish, through market analysis, Maryland law, and argumentation at a hearing, that a property assessment and/or classification is incorrect. Property values rise and fall but often the Maryland Department of Assessments & Taxation does not account for […]

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