Thank You for Another Successful MAR Lobby Day
Over 200 REALTORS® came from all over Maryland for MAR’s 2016 Lobby Day in Annapolis and met with over 168 of 188 Members of the General Assembly. MAR thanks you for your Advocacy efforts!
MAR 2016 Lobby Day Legislator Reports by District
Please follow the District link for your respective Legislators Talking Points to emphasize for MAR's 2016 Lobby Day.
The 2016 MD Legislative Session
The 436th session of the Maryland Legislature commenced January 13th. Here's what we'll be working on for MAR members & property owners this session.
Nonresident Real Estate Withholding Tax Increase
The 7% nonresident real estate withholding tax for individuals will increase to 7.5% starting January 1st, 2016. The entity rate (commercial rate) of 8.25% remains unchanged.
Lead Paint Law - Are you in Compliance?
Are you a property
manager or owner of pre-1978 residential rental units? Click below to
read the Frequently Asked Question (FAQ) document regarding the lead paint
changes that took effect January 1, 2015.
Tax Relief for Mortgage Debt Forgiveness Extended
"Tax Extenders" legislation was passed by Congress and signed by the President. The legislation includes a number of important real estate provisions, including a two-year extension of tax relief for mortgage debt forgiveness (2015-2016).
Congress Approves 5 Year Transportation Package
Many thanks to all REALTORS who responded to the G-Fee Call for Action. On Dec. 3rd, the
House approved HR. 22, Fixing America’s Surface Transportation Act (FAST Act)
by a vote of 359-65, successfully without G Fees. The Senate quickly followed as well with an approval vote of
Maryland Regulatory Reform Commission Requests Feedback
FEEDBACK REQUESTED - The Regulatory Reform Commission established by Governor Larry Hogan seeks input from MAR members on regulations they believe place Maryland at a competitive disadvantage compared to other states. Please share any ideas you may have.
Reminder of Upcoming TRID Changes
Governor Hogan Cuts Real Estate Licensing Fees
Updated (9/16/15) - The Maryland Real Estate Commission voted on September 14, 2015, to modify the regualtion that controls the licensing fees. As with any proposed regulation, the written proposal must be published in the Maryland Register
and then must have a public comment period.