ROBERT L. EHRLICH, JR., Governor

Ch. 64

2. HAS EXECUTED A COOPERATIVE AGREEMENT WITH THE
MARYLAND ENVIRONMENTAL TRUST.

(III) "CONSERVATION EASEMENT" MEANS ANY INSTRUMENT OF
WRITING A RESTRICTION PROHIBITING OR LIMITING THE USE OF WATER OR LAND
AREAS, OR ANY IMPROVEMENT OR APPURTENANCE THERETO, DESCRIBED IN § 2-118
OF THE REAL PROPERTY ARTICLE.

(2)     A CONVEYANCE OR ASSIGNMENT OF AN INSTRUMENT OF WRITING
CONVEYING OR ASSIGNING A CONSERVATION EASEMENT TO BOTH A LAND TRUST
AND THE UNITED STATES, THE STATE, AN AGENCY OF THE STATE, OR A POLITICAL
SUBDIVISION OF THE STATE IS NOT SUBJECT TO RECORDATION TAX.

(3)      AN INSTRUMENT OF WRITING CONVEYING A CONSERVATION
EASEMENT OR FEE SIMPLE TITLE TO A LAND TRUST IS NOT SUBJECT TO
RECORDATION TAX IF THE LAND TRUST FILES A DECLARATION OF INTENT TO
CONVEY ITS CONSERVATION EASEMENT OR FEE SIMPLE TITLE TO THE UNITED
STATES, THE STATE, AN AGENCY OF THE STATE, OR A POLITICAL SUBDIVISION OF
THE STATE WITHIN 18 MONTHS OF THE DATE OF THE DECLARATION.

13-207.

(a) An instrument of writing is not subject to transfer tax to the same extent
that it is not subject to recordation tax under:

(1)     § 12-108(a) of this article (Transfer to government or public agency);

(2)     § 12-108(c) of this article (Transfer between relatives);

(3)     § 12-108(d) of this article (Transfer between spouses);

(4)     § 12-108(e) of this article (Supplemental instrument);

(5)     § 12-108(f) of this article (Previously recorded instrument);

(6)     § 12-108(1) of this article (Judgments);

(7)     § 12-108(n) of this article (Order of satisfaction);

(8)     § 12-108(o) of this article (Participation agreement);

(9)     § 12-108(p) of this article (Transfer of corporate property between
related corporations);

(10)   § 12-108(q) of this article (Corporate or partnership conveyance);

(11)   § 12-108(r) of this article (Land installment contracts);

(12)   § 12-108(s) of this article (Options to purchase real property);

(13)   § 12-108(t) of this article (Deed for prior contract of sale);

(14)   § 12-108(u) of this article (Leases of 7 years or less);

(15)   § 12-108(v) of this article (Mergers);

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