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Have you filed this application? Existing home owners have until Dec 31, 2013 to apply. Here is the link:, u# n& _$ h7 N1 Q$ `) [: M
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3 \: x7 w# J. v: H9 [7 gONLY applies to principal residences.* s2 L' y/ @7 G0 U
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Must apply for Tax Credit8 q& g2 e* j2 v3 l0 @. Y
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Existing homeowners have until Dec 31, 3013 to apply (recent legislation extended the deadline)
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New Buyers will receive an application from the MD county Tax office once the deed is recorded and the database is updated.
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- @' \' O1 Z' m9 T$ G! W Phase in any property tax increase over 3 years and limits how much it can go up in each year to 10% of the existing property tax amount.
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New buyer does not see benfits in first year due to value reassessment made upon transfer of the property7 X6 u- l8 h1 E% j' _0 B( _" c, L
1 h5 q8 o: F8 D2 ^- L# C Effectively over time, principal residence owner pays less in property taxes, significant savings0 r& C4 I6 {$ R
. I8 z n4 _1 N; h+ k5 _8 v Owner can only receive credit for one property) Y5 h l( M0 ^0 _3 y
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发表于 2013-7-11 09:14:57
