Finance (alternative)
Maryland's 'deed tax' is another term for the:
AProperty tax paid at settlement
BRecordation tax charged when recording a deed transferring ownership✓ Correct
CEstate tax on inherited property
DCapital gains tax on appreciation
Explanation
The 'deed tax' or 'recordation tax' in Maryland is charged when a deed transferring real property is recorded in the land records, based on the consideration paid.
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