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§ 13-408. Exemptions permitted

West's Annotated Code of MarylandTax-Property

West's Annotated Code of Maryland
Title 13. Transfer Taxes
Subtitle 4. County Transfer Taxes--in General
MD Code, Tax - Property, § 13-408
§ 13-408. Exemptions permitted
Any county having a county transfer tax may provide for an exemption from the tax of a specified amount of the consideration payable on the conveyance of owner-occupied residential property if the buyer intends to use the property as the buyer's principal residence by actually occupying the residence for at least 7 months of a 12-month period.


Added by Acts 1986, c. 800; Acts 1992, c. 530.
MD Code, Tax - Property, § 13-408, MD TAX PROPERTY § 13-408
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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