Maryland § 12-114
Full text of Maryland Maryland Code § 12-114, with citation guidance and answers to common questions.
§ 12-114.
(a) In this section, “rental dwelling” means residential real property with accommodations for not more than 4 units that is held by the owner primarily for rental, investment, or the generation of income and is located in a targeted area designated by the governing body of Charles County under § 9-310(c) of this article.
(b) The governing body of Charles County may grant, by law, an exemption, in whole or in part, from the recordation tax imposed on an instrument of writing that transfers a rental dwelling in Charles County to an individual who will occupy the property as a principal residence.
(c) To qualify for the exemption authorized under this section, the instrument of writing shall be accompanied by:
(1) a statement under oath signed by the grantor that the property has been held by the grantor as a rental dwelling; and
(2) a statement under oath signed by the grantee that the residence will be occupied by the grantee as the grantee’s principal residence.
(d) The governing body of Charles County may provide by law for:
(1) any additional criteria for eligibility, conditions, or restrictions for an exemption provided under this section;
(2) provisions to define, fix, or limit the amount, terms, and scope of an exemption provided under this section; and
(3) any other provision appropriate to implement the exemption.
Frequently Asked Questions About Maryland § 12-114
What does Maryland Code § 12-114 cover?
Section 12-114 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 12-114?
A common citation format is "Maryland Code § 12-114" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 12-114 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.