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Loans Recordation Taxes

Ballard Spahr LLP

Maryland to Increase IDOT Exemption Threshold Effective July 1, 2024

Ballard Spahr LLP on

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

Saul Ewing Arnstein & Lehr LLP

Maryland taxes on refinancings to increase – the end of (new) "IDOTS"

On May 22, 2012, Maryland's Governor O'Malley signed legislation mandating that indemnity mortgages and indemnity deeds of trust will be subject to recordation taxes. Property owners now have just over a month to refinance...more

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