New and Updated Forms - Effective March 1, 2008

Form #914 - Seller's Estimated Settlement Costs 

  • Under Montgomery County #3, Recordation Tax, changed due to legislative change.
  • Note: Under Montgomery County #4, Non-Resident Seller Transfer Tax, changed January 1, 2008, due to legislative change.

Form #1336 - Buyer's Estimated Settlement Costs 

  • Under Montgomery County #1200, Recordation Tax, changed due to legislative change.

Form #1361 - Agricultural Zone Disclosure

New legislation in Montgomery County - All properties that are located in, adjoin, or confront an area that is zoned agricultural must make a disclosure to the buyer prior to entering into a contract. GCAAR adopted a new form that complies with the law. This is a full page disclosure form that quotes the disclosure verbatim as required by the new law.

The Maryland National Capital Park and Planning Commission has developed a web-based tool for agents and their sellers to find out if property meets this disclosure requirement. The Web site can be found at: http://www.mcmaps.org/notification/agricultural_lands.aspx.