Real Estate Math
Maryland recordation tax is $3.33 per $500 of consideration. On a $600,000 sale, the recordation tax is:
A$1,998
B$3,996✓ Correct
C$7,992
D$9,990
Explanation
$600,000 ÷ $500 = 1,200 units × $3.33 = $3,996.
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