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Tag Archives: BaltimoreDeed

What Happens If You Fail to Record a Property Deed in Maryland?

Some people mistakenly believe that signing and notarizing a property deed is sufficient for transferring ownership. In Maryland, however, failing to record a property deed can create significant legal and financial complications, some of which may not emerge until years later.   First of all, Maryland is a race–notice state, which means the first person […]

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Common Title Issues That Can Affect Your Property in Maryland

Whether buying or inheriting a property, you might assume that once the deed is signed, notarized, and recorded, you’re all set. Unfortunately, this is not always the case. Title issues often go unnoticed and can create costly and annoying legal complications. Here are a few of the more common title issues that we have encountered: […]

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Things to Consider Before Modifying a Life Estate Deed in Maryland

Life estate deeds are commonly used for estate planning purposes and to avoid probate. If you would like to learn more about life estate deeds, please read our blog post “What Are Life Estate Deeds in Maryland?”   If you are considering modifying your life estate deed, there are some things you should keep in […]

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How Does Adding a Child to a Property Deed Impact Capital Gains Taxes in Maryland?

A capital gains tax is based on the increased value of an asset. When a major asset, such as a home or an investment, is sold, capital gains taxes are likely to apply. A question we’re often asked is whether or not a property should be gifted to a beneficiary while the property owner is […]

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Do I Need to Update My Maryland Property Deed if My Name Has Changed?

The simple answer is no. Maryland law does not require a new deed to reflect your name change. However, you can avoid complications by doing so, especially if you decide to sell or refinance your property. Name consistency across all legal documents can make life easier for you.   If you decide to change your […]

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