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Maryland tax credit conditions

January 04, 2008

The Homestead Property Tax Credit is available to all property owners on their principal residence as long as the following conditions were met during the previous tax year, according to the Maryland State Department of Assessments and Taxation's Web site:

· The property was not transferred to new ownership.

· There was no change in zoning classification requested by the homeowner resulting in an increased value of the property.

· A substantial change did not occur in the use of the property.

· The previous assessment was not clearly erroneous.

· The owner must have lived in the residence for at least six months of the year, including July 1 of the year for which the credit was applicable, unless the owner temporarily was unable to do so by reason of illness or special care.

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