This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Closing Date Prorations in Maryland

In Maryland, the buyer is responsible for the full semiannual property tax payment due at closing, with no proration credit from the seller. This is governed by Md. Code Tax-Prop. § 10-102, which sets the seller’s share of property taxes for the closing period at 0%. The statute effectively assigns the entire tax liability for the upcoming semiannual installment to the buyer, regardless of the closing date within that period. The official source from the Maryland Department of Assessments and Taxation confirms this allocation. The worked example below demonstrates how the rule applies in a typical transaction. To estimate your own specific result, use the DocketMath calculator with your property’s assessed value and closing date.

Governing authority

In Maryland, the closing date prorations rule is set by Md. Code Tax-Prop. § 10-102. The verified packet cites Md. Code Tax-Prop. § 10-102 (https://dat.maryland.gov/realproperty/Pages/Question-and-Answers-on-Semiannual-Property-Tax-Payment.aspx).

Maryland closing date prorations: the verified value is 0% under Md. Code Tax-Prop. § 10-102. The verified packet cites Md. Code Tax-Prop. § 10-102 (https://dat.maryland.gov/realproperty/Pages/Question-and-Answers-on-Semiannual-Property-Tax-Payment.aspx).

Estimate your own result: every situation has exceptions that can change the outcome. Use the closing date prorations calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.