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Transfer Of TitleTaxesMEDIUM

Maryland's transfer and recordation taxes are:

Correct Answer

B) Paid by both parties, with rates varying by county

Maryland has both transfer tax and recordation tax, shared between parties, with rates varying by county.

Answer Options
A
Paid only by seller
B
Paid by both parties, with rates varying by county
C
No transfer taxes
D
Paid only by buyer
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