Aestar LLC supervises the sale transactions, verifies legal documents, and insures real estate titles.
Aestar LLC is a different title company. Aestar offers knowledge to protect consumers: buyers and sellers.
The scenario is that a married couple owns an investment property, the market value $500,000, in Montgomery County, Maryland. The unpaid mortgage principal is $280,000. Removing a spouse’s title exempts from the transfer tax = $0
$0 (State Recordation Tax) +
$0 (State Transfer Tax) +
$0 (County Transfer Tax).
Contact me should you have further questions.
Jonathan Kan, Licensed Title Producer/Notary Public
15881-B Crabbs Branch Way, Rockville, MD 20855
Follow Aestar’s twitter http://www.twitter.com/ASettlements
This column is not legal advice and should not be acted upon without obtaining your own legal counsel.
Copyright©2014-2016 Aestar LLC All Rights Reserved Worldwide