The Maryland “Non-Resident” Real Estate Withholding Tax is 8% for Individuals (8.25% for LLCs, Estates and Entities) on the PROCEEDS or GAINS from the sale of a property.
A Full Exemption is possible if a seller can certify any of the special situations listed below. Read more
If you want to close the sale, you have to have a clean title.
It’s not as easy as it might seem.
A clean title means there are no standing claims against the property and that the owner has the full legal right to sell the property. Our job as your title company is to do the digging to ensure that the title is clean and ready for a smooth transfer of ownership.
But often, it’s not smooth at all. Read more