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I’m refinancing my property. Who is responsible for paying the taxes?

April 26, 2017I’m paying Property refinancing responsible taxes

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I’m refinancing my property. Who is responsible for paying the taxes?

1 Answer

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In contrast to a property transfer, Maryland State law and the County do not require that property taxes must be paid if you refinance your mortgage. However, often mortgage lenders will require that property taxes are current before the new mortgage is issued to the taxpayer.