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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 have a significant beneficial impact on your real estate taxes regardless of your property‚Äôs value. If the property is used as your principal residence, you should considering filing the application.

Here is a link to the Maryland Homestead Credit Application.

To discuss this and other property laws in Maryland, call or e-mail for a free confidential consultation: Maryland attorney Stephen J. Reichert at 410-299-4959, sreichert@reichertlegal.com or by clicking here.