Olney, Brookeville, Montgomery County, Maryland ~ Real Estate Services and Homes for Sale ~ Olney Re/Max Office ~ Olney Realtor

County Transfer Tax Rates - State of Maryland

 

County

State Transfer Tax
Maryland
 

County
Transfer Tax
Percentage of
Sales Price

 Recordation Taxes
Cost per $1000
of sales price
(State Stamps)

Allegany

0.05%

0.50%

$6.50

Anne Arundel 0.05%
1.00%
7.00
Baltimore City 0.05%
1.50%
10.00
Baltimore 0.05%
1.50%
5.00
Calvert 0.05%
0.00%
10.00
Caroline 0.05%
0.50%
10.00
Carroll 0.05%
0.00%
10.00
Cecil 0.05%
0.00%
8.20
Charles 0.05%
0.00%
10.00
Dorchester1 0.05%
0.75%
10.00
Frederick 0.05%
0.00%
12.00
Garrett *2 0.05%
1.00%
7.00
Harford 0.05%
1.00%
6.60
Howard 0.05%
1.00%
5.00
Kent 0.05%
0.50%
6.60
Montgomery *3 0.05%
1.00%
6.90
Prince George's 0.05%
1.40%
4.80
Queen Anne's 0.05%
0.50%
6.60
St. Mary's 0.05%
1.00%
8.00
Somerset 0.05%
0.00%
6.60
Talbot * 2 0.05%
1.00%
6.60
Washington 0.05%
0.50%
7.60
Wicomico 0.05%
0.00%
7.00
Worcester 0.05%
0.50%
6.60

1
First $30,000 exempt for residential ( when calculating Transfer Taxes)

2 First $50,000 exempt for owner occupied residences. (when calculating County Transfer Taxes)

3 First $50,000 exempt for owner occupied residences. (when calculating recordation taxes)

Revised 07/17/2007

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