Recent Examples on the WebGuerin and Gordon fought against raising recordation taxes that create hardship for first-time home buyers.—For Carroll County Times, Baltimore Sun, 16 June 2024 Budget adoption is scheduled for May 21. County officials have already decided to propose a 2-cent property tax increase, as well as a hike in the county’s housing recordation rate.—Sherry Greenfield, Baltimore Sun, 13 May 2024 In the law, the UDC is the only specific special-interest group exempted from deed recordation taxes, along with the broader categories of churches; federal, state and local governments; nonprofit hospitals; and corporations making internal property transfers.—Gregory S. Schneider, Washington Post, 7 Feb. 2024 But lagging revenue from property recordation and gas taxes has stymied the county’s ability to proceed with some projects, said Rich Madaleno, the county’s chief administrative officer.—Danny Nguyen, Washington Post, 16 Jan. 2024 Elrich, who has pushed for a dedicated revenue stream for large projects, has drawn from surplus funds to compensate for the decrease in property recordation taxes, but this hasn’t been a comprehensive solution, Madaleno said.—Danny Nguyen, Washington Post, 16 Jan. 2024 At the county’s current recordation tax rate of $5 per $500, a home purchased for $300,000 would be charged a recordation tax of $3,000.—Sherry Greenfield, Baltimore Sun, 26 May 2023 The recordation tax is imposed by the state as compensation for registering the purchase or sale of property.—Sherry Greenfield, Baltimore Sun, 26 May 2023 The county’s operating budget is funded 60% from property taxes, 30% from income taxes and the remainder from recordation taxes, an excise tax imposed by states as compensation for registering the sale of property.—Sherry Greenfield, Baltimore Sun, 21 Sep. 2022
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'recordation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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