Thomas&Libowitz a professional association

100 Light Street, Suite 1100 Baltimore, Maryland 410.752.2468

Baltimore City Recordation and Transfer Tax Increase

Effective on January 11, 2019, Baltimore City will increase the recordation and transfer taxes on real estate transactions of more than $1 million.  The new tax is 0.6 percent of the existing City transfer tax and 0.15 percent of the existing City recordation tax.  See the attached letter for methodology  of calculating the new taxes.

YIELD-TAX-RESPONSES

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