PARRIS N. GLENDENING, Governor

Ch. 97

(2)     IF A TAXPAYER PROVIDES WRITTEN DIRECTION TO AN ESCROW
ACCOUNT SERVICER AT LEAST 60 DAYS PRIOR TO THE BEGINNING OF THE TAX
YEAR, PROPERTY TAXES SHALL BE PAID ON A SEMIANNUAL PAYMENT BASIS ON
BEHALF OF THAT TAXPAYER BY THE ESCROW ACCOUNT SERVICER IN THE TAX
YEAR THAT BEGINS IMMEDIATELY FOLLOWING THE YEAR IN WHICH THE WRITTEN
DIRECTION WAS RECEIVED.

(3)     EXCEPT FOR A SEMIANNUAL PAYMENT SCHEDULE ELECTION MADE
UNDER SUBSECTION (C)(1) OF THIS SECTION IF A TAXPAYER PROVIDES WRITTEN
DIRECTION TO AN ESCROW ACCOUNT SERVICER LESS THAN 60 DAYS PRIOR TO THE
BEGINNING OF THE TAX YEAR, PROPERTY TAXES MAY BE PAID ON A SEMIANNUAL
PAYMENT BASIS ON BEHALF OF THAT TAXPAYER BY THE ESCROW ACCOUNT
SERVICER IN THE TAX YEAR THAT BEGINS IMMEDIATELY FOLLOWING THE YEAR IN
WHICH THE WRITTEN DIRECTION WAS RECEIVED.

10-402.

(a) (1) Except for tax sales as provided by Title 14, Subtitle 8 of this article, if
real property ownership is transferred between the date of finality and semiannual date of
finality, the transferee is liable for the property tax on real property for the taxable year
that begins after the transfer.

(2) IF REAL PROPERTY OWNERSHIP IS TRANSFERRED BETWEEN JULY 1
AND JANUARY 1, AND THE TRANSFEREE ELECTS A SEMIANNUAL PAYMENT
SCHEDULE OF PROPERTY TAX FOR THE CURRENT TAXABLE YEAR UNDER § 10-204.3
OF THIS ARTICLE TITLE THE TRANSFEROR IS LIABLE FOR ANY SEMIANNUAL
PROPERTY TAX INSTALLMENT THAT MAY BE DUE FOR THE REAL PROPERTY FN THE
CURRENT TAXABLE YEAR AT THE TIME OF TRANSFER, AND IS NOT LIABLE FOR THE
SECOND SEMIANNUAL INSTALLMENT THAT IS DUE AFTER THE DATE OF TRANSFER.
THE TRANSFEREE IS SOLELY LIABLE FOR ANY SEMIANNUAL PROPERTY TAX
INSTALLMENT FOR THE CURRENT TAXABLE YEAR THAT IS DUE AFTER THE DATE
OF TRANSFER.

[(2)] (3) [ Paragraph (1) of this] THIS subsection does not preclude the
transferor and the transferee of real property that is subject to this subsection from
adjusting the property tax OR SERVICE CHARGES for any year between them.

14-801.

(a)     In §§ 14-801 through 14-854 of this subtitle, the following words have the
meanings indicated.

(b)     "Other taxing agency" means any municipal corporation or other public or
quasi-public corporation that may impose a tax of any kind which is or may become a lien
on real property.

(c)     (1) "Tax" means any tax, or charge of any kind due to the State or any of its
political subdivisions, or to any other taxing agency, that by law is a lien against the real
property on which it is imposed or assessed.

(2) "Tax" includes interest [and], penalties, AND SERVICE CHARGES.

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