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Maryland Underwriting Bulletin 2012

April 11th, 2017

According to Stuart Cordish, Maryland withholding for nonresident individuals will increase effective 6/1/2012 due to income tax rate increases brought about during the Special Session.

The rate of withholding for nonresident individual sellers will increase from 6.75% to 7% effective June 1, 2012. The rate of 8.25% for nonresident entity sellers remains unchanged.

Maryland Underwriting Bulletin 2012-08

Important news about New Recordation Tax on Indemnity Deed of Trust.