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Tag Archives: MarylandDeed

Should I Obtain Title Insurance for my Property in Howard County, Maryland?

If you are considering transferring the title to your property in Howard County, Maryland, you may be asking whether you should obtain title insurance. Understanding the role and benefits of title insurance can help you make this decision.   Title insurance is designed as a safeguard against potential issues that may arise with your property’s […]

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Why Quitclaim Deeds Are a Risky Choice for Real Estate in Maryland

Real estate transactions involve a myriad of complex legal and financial considerations, and the choice of the right type of deed is crucial. One deed that is often used in Maryland but can be fraught with risks is the quitclaim deed. In this blog post, we’ll discuss why quitclaim deeds are often a bad idea […]

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How Do I Establish Domestic Partnership to Avoid Property Deed Transfer Taxes in Maryland?

If you are considering adding or removing a domestic partner from a property deed, and would like to avoid transfer taxes, you will need to provide proof of domestic partnership. Maryland state law allows for eleven ways to prove domestic partnership.    1. A joint housing lease or joint liability for a mortgage or other […]

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What Are Life Estate Deeds in Maryland?

In the state of Maryland, a property owner can designate beneficiaries on real property by preparing a Life Estate Deed. This is an effective way to avoid probate and retain tax benefits. There are two types of Life Estate Deeds.   A Life Estate Without Powers is a deed whereby the property owner (or Grantor) […]

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How Do I Sell My House with a Reverse Mortgage in Maryland?

Simply put, a reverse mortgage is a loan that can be repaid at any time without penalty. Selling a home with a reverse mortgage is not unlike selling a home with a standard mortgage, but there are some key differences to keep in mind. If you are selling your home with a reverse mortgage, here […]

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Should I Transfer My Rental Investment Into an LLC?

If you are a property investor or thinking of becoming one, you may or may not be familiar with the benefits of forming an LLC. Purchasing property under your own name can expose you personally if the property is ever subject to liens, judgements, or lawsuits. Forming an LLC is a wise  way to protect […]

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What is a Tangled Title and What Can I Do About It?

A tangled title is a term used when you have inherited a home but the deed has not been legally transferred into your name. This may cause several difficulties, both practically and financially. For example, you may run into problems setting up utilities, obtaining a homeowner’s insurance policy, or taking out a home equity line […]

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Disabled Veterans and Surviving Spouses are Eligible for a Property Tax Exemption in Maryland

As you know, the state of Maryland provides many benefits to veterans of the Armed Services. If you are a disabled veteran, you may be eligible for a complete tax exemption on your property. There are no filing deadlines, so you are free to apply at any time. If you are the surviving spouse of […]

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How Do I Fix an Imperfect Deed in Maryland?

Imperfect deeds can impact a title and, consequently, your rights of ownership. Common errors that render a deed imperfect include insufficient legal descriptions, incorrect or misspelled names, missing witnesses, or the lack of a notary stamp.   While the original deed in Maryland cannot be amended, a confirmatory deed can be executed and recorded, providing […]

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Common Maryland Deeds Described in Plain Language

A Deed is a legal document confirming ownership of a piece of real estate, such as land or a house. The three most common deeds in Maryland are a General Warranty Deed, a Special Warranty Deed, and a Quitclaim Deed.   In a General Warranty Deed the grantor (or seller) declares that the property title […]

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