Q: I bought a property in a tax sale, there is no mortgage do I have to pay a transfer tax
A:
It is likely that you will have to pay transfer tax on the money paid to obtain the tax sale. A tax sale deed is obtained from the Director of Finance or some similar official at the county where you purchased the tax sale. You will need a title company to record the deed and pay the appropriate transfer taxes to record the deed.
I hope this information helps.
A:
Yes, transfer and recordation tax are due when the deed gets recorded.
Note that tax sales in MD require a foreclosure lawsuit before the county issues a deed. Purchasing at the tax sale auction is only the first step.
While not legal advice I hope this general information helps.
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