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RECORDING
FEES AND TAXES
(For costs in all jurisdictions, see Real Estate Information, compiled by the Maryland State Bar Association.) RECORDING SURCHARGE: In addition
to the fees listed below, a surcharge of $20.00 is charged for every instrument
recorded in the land records, other than: RECORDING FEES: Land Record
Fees: Fees for Other Land Related Documents: $15.00 for
a Request for Notice of (Foreclosure) Sale RECORDING TAXES IN WASHINGTON COUNTY State Recordation Tax: Recordation Tax is applied to any instrument that transfers and interest in real property or that creates a security interest in real or personal property. The recordation tax rate for Washington County is $3.80 for every $500 or fraction of $500 of consideration. (See Tax Property Article, §12-108, for exemption from tax.) State Transfer Tax: The tax is applied to instruments that transfer an interest in real property, e.g. deed, lease, easements, contract, etc. The tax is one half of 1% (0.5%) of the consideration, except for deeds to a first time MARYLAND home buyer*, in which case the tax is one fourth of 1% (0.25%). (See Tax Property Article, §13-207 for exemptions from tax) County Transfer Tax: The tax is applied to instruments that transfer an interest in real property, e.g., deed, lease, easement, contract, etc. The first $50,000 of consideration on any instrument is exempt from the county transfer tax. On remaining consideration, the tax is one half of 1% (0.5%), except that the rate is one fourth of 1% (0.25%) for a first-time WASHINGTON COUNTY home buyer, defined as follows: An individual who:The county transfer tax does not apply to an instrument of writing exempt from the state transfer tax, or to a transfer of land subject to the agricultural land transfer tax under Title 13, Subtitle 3, of the Tax Property Article of the Annotated Code of Maryland. For a copy, see Transfer Tax Ordinance, at: www.washco-md.net/county_attorney/legal.shtm Agricultural Land Transfer Tax: In addition to the state Agricultural Land Transfer Tax provided in Title 13, Subtitle 3, of the Tax Property Article of the Annotated Code of Maryland, Washington County imposes a County Agricultural Land Transfer (Ag) Tax. The tax is imposed at the rate of two percent (2%), as provided in Title 13, Subtitle 5 of the Tax Property Article of the Annotated Code of Maryland. The county ag tax is payable on any transfer for which state ag tax is due. Both state and county ag tax is collected by the County Treasurer's Office prior to recording with the Clerk of Circuit Court. For information on either ag tax, contact the County Treasurer's office at 240-313-2110. PAYMENT Except for the Agricultural Land Transfer Taxes, all recording fees, surcharges and taxes are collected by the Clerk of the Circuit Court at the time of recording. Make checks payable to Dennis J. Weaver, Clerk. Both the state and county Agricultural Land Transfer Taxes are collected by the Washington County Treasurer prior to presentation to the Clerk of Circuit Court for recording. Make checks payable to Todd L. Hershey, Treasurer. PLEASE CALL
THE RECORDING DEPARTMENT IN THE OFFICE OF THE CLERK OF CIRCUIT COURT AT 301-733-8660
IF YOU HAVE ANY QUESTIONS |
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