Maryland § 13-407
Full text of Maryland Maryland Code § 13-407, with citation guidance and answers to common questions.
§ 13-407.
(a) In this section, “total rate of tax” means the rate of tax imposed for the agricultural land transfer tax under § 13–303(a) of this title plus the rate of tax for a county transfer tax imposed under this section.
(b) (1) Unless a greater rate of tax was imposed before July 1, 1979, a county may not impose county transfer tax on a transfer subject to the agricultural land transfer tax under Subtitle 3 of this title at a rate greater than the county rate applicable to the transfer of improved residential property in that county.
(2) If a county has imposed a county transfer tax at a rate that exceeds the rate applicable to the transfer of improved residential property, the total rate of tax that applies to a transfer subject to the agricultural land transfer tax may not exceed 5% plus the rate that applies to improved residential property under the county transfer tax.
(3) If the total rate of tax that applies to a transfer subject to the agricultural land transfer tax exceeds the maximum rate allowed under paragraph (2) of this subsection:
(i) the agricultural land transfer tax is payable at the rate specified in § 13–303(a) of this title; and
(ii) the rate of the county transfer tax shall be reduced as necessary to comply with the 5% limit.
(c) After July 1, 1979, for the transfer of land subject to the agricultural land transfer tax, a county may not:
(1) impose a county transfer tax at a rate above the rate that was in effect on July 1, 1979; or
(2) increase the rate of a county transfer tax above the rate that was in effect on July 1, 1979.
Frequently Asked Questions About Maryland § 13-407
What does Maryland Code § 13-407 cover?
Section 13-407 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 § 13-407?
A common citation format is "Maryland Code § 13-407" (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 § 13-407 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.