Any county having a county transfer tax may provide for an exemption from the tax of a specified amount of the consideration payable on the conveyance of owner-occupied residential property if the buyer intends to use the property as the buyer’s principal residence by actually occupying the residence for at least 7 months of a 12-month period.
Structure Maryland Statutes
Subtitle 4 - County Transfer Taxes -- in General
Section 13-401 - "County Transfer Tax" Defined
Section 13-402 - Applicability of Subtitle
Section 13-402.1 - County Transfer Tax on Instruments of Writing
Section 13-403 - Transfers Between Spouses and Former Spouses
Section 13-403.1 - Transfers Involving Certain Maryland Stadium Authority Affiliates
Section 13-405 - Tax on Corporate, Limited Liability Company, or Partnership Transfers
Section 13-406 - Apportionment of Tax
Section 13-407 - Limitations on County Transfer Taxes
Section 13-408 - Exemption From County Transfer Tax
Section 13-410 - Exemption From Tax for Certain Transfers to Land Trusts or Race Facilities
Section 13-411 - Exemption From Tax Under 12-118
Section 13-412 - Applicability to Consideration Payable for Instrument of Writing
Section 13-413 - Exemption -- Transfer of Principal Residence Surrendered in Bankruptcy