(a) Any county having a county transfer tax may provide for an exemption from the tax for an instrument of writing for residentially improved owner-occupied real property if the instrument of writing is accompanied by a statement under oath signed by each grantee or an agent of the grantee that:
(1) (i) the grantee is an individual who has never owned in the State residential real property that has been the individual’s principal residence; and
(ii) the residence will be occupied by the grantee as the grantee’s principal residence; or
(2) (i) the grantee is a co-maker or guarantor of a purchase money mortgage or purchase money deed of trust as defined in § 12-108(i) of this article for the property; and
(ii) the grantee will not occupy the residence as the co-maker’s or guarantor’s principal residence.
(b) A statement under subsection (a) of this section by an agent of a grantee shall state that the statement:
(1) is based on a diligent inquiry made by the agent with respect to the facts set forth in the statement; and
(2) is true to the best of the knowledge, information, and belief of the agent.
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