Property Ownership
Maryland property assessments are conducted by SDAT on what cycle?
AAnnually for all properties
BEvery 2 years
CEvery 3 years (triennial)✓ Correct
DEvery 5 years
Explanation
SDAT reassesses all Maryland properties on a triennial (3-year) cycle, with one-third of properties reassessed each year.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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