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  • Affidavit Made Pursuant To Section 12-108(g)(3) - Dss Title

Get Affidavit Made Pursuant To Section 12-108(g)(3) - Dss Title

AFFIDAVIT MADE PURSUANT TO SECTION 12108(G)(3) OF THE TAXPROPERTY ARTICLE OF THE ANNOTATED CODE OF MARYLAND THE undersigned makes this oath, in due form of law and under the penalties of perjury,.

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Howard County provides a credit for the real property tax bill for homeowners 65 or older who qualify based on gross household income. Since eligibility for the program is based upon income, it may be convenient for you to complete this form at the same time you prepare your federal income tax returns.

The first $25,000 is exempt for owner occupied principal residence OR the first $75,000 is exempt for owner occupied principal residence AND first-time Maryland Homebuyers.

In Maryland, you are responsible for the state and county transfer taxes, as well as the county recordation tax. It is customary for the seller and the buyer to split the total transfer and recordation tax amount equally (if no exemptions apply).

Property Tax Exemption- Disabled Veterans and Surviving Spouses. Armed Services veterans with a permanent and total service connected disability rated 100% by the Veterans Administration may receive an exemption from real property taxes on the dwelling house and surrounding yard.

Transfer Taxes Transfer tax is at the rate of . 5 percent of the actual consideration, unless they are a first-time Maryland home buyer purchasing a principal place of residence, in that case the transfer tax rate is . 25 percent of the actual consideration.

First Time Homebuyer's are Exempt from County Transfer Tax. Subsequent Homebuyer's will be taxed 0.7% County Transfer Tax. I/We am/are the purchaser(s) of residentially improved real property described in the attached deed (Subject Property).

Maryland Transfer Tax and Recording Fees Jurisdiction/ Phone NumberCounty Transfer Tax RateState Transfer Tax RateHarford County 410-638-34741.00%0.50%Howard County 410-313-38371.00%0.50%Kent County 410-778-74600.50%0.50%Montgomery County 240-777-94731.00%0.50%21 more rows

Normally when you purchase a property in the state of Maryland you will pay 0.5% transfer tax split equally between the buyer and the seller. If you're a first-time Maryland home buyer you can have that the 0.25% that you would normally pay for the transfer tax is waived.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232