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§ 13-409. Exemption from tax for instrument of writing for residentially improved owner-occupied real property

MD Tax-Prop Code § 13-409 (2019) (N/A)
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(a)    Any county having a county transfer tax may provide for an exemption from the tax for an instrument of writing for residentially improved owner-occupied real property if the instrument of writing is accompanied by a statement under oath signed by each grantee or an agent of the grantee that:

(1)    (i)    the grantee is an individual who has never owned in the State residential real property that has been the individual’s principal residence; and

(ii)    the residence will be occupied by the grantee as the grantee’s principal residence; or

(2)    (i)    the grantee is a co-maker or guarantor of a purchase money mortgage or purchase money deed of trust as defined in § 12-108(i) of this article for the property; and

(ii)    the grantee will not occupy the residence as the co-maker’s or guarantor’s principal residence.

(b)    A statement under subsection (a) of this section by an agent of a grantee shall state that the statement:

(1)    is based on a diligent inquiry made by the agent with respect to the facts set forth in the statement; and

(2)    is true to the best of the knowledge, information, and belief of the agent.

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§ 13-408. Exemption from county transfer tax
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