Benjamin Kelley

Benjamin Kelley

Ballard Spahr LLP

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Maryland to Increase IDOT Exemption Threshold Effective July 1, 2024

Summary - The threshold for indemnity deed of trust (IDOT) recordation tax deferral in Maryland increased from $3,000,000 to $12,500,000, effective July 1, 2024. This is welcome news for commercial real estate owners and...more

7/7/2023  /  Deed of Trust , IDOT , Loans , Mortgages , Recordation Taxes , Refinancing
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