Archive for the 'Residential Real Estate' Category

Can Banks Recapture Closing Costs?

By: Myles, March 12th, 2008

The Maryland Daily Record just reported that “a bill that would allow Maryland banks to collect closing costs from customers who pay off loans early moved closer to final passage … after a contentious debate.” Apparently there’s no free lunch. It makes sense, but is is legal? It will be, if this piece of legislation […]

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Beware: New 90-Day Maryland Resident Entity Rule

By: Myles, March 7th, 2008

As stated in our earlier Blog posting of December 28, 2007, Maryland withholding tax requirements for non-resident entities changed, effective October 22, 2007. It’s very important to note that the regulations were revised to alter the definitions of resident and non-resident entities, as well.  Previously, a non-resident entity could qualify or register to do business in Maryland […]

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