Shelter Senior Living v. Baltimore County Md.

Shelter Senior Living IV, LLC v. Baltimore County Maryland, et al., No. 1276, September Term 2019, Argued: October 2, 2020. TAXATION — PROPERTY TAX — MARYLAND RECORDATION TAX — CALCULATION — RELEVANT CONSIDERATION In a transfer of a business through a sale of business assets that includes real property in addition to other kinds of property, the state recordation tax may only be imposed on the consideration exchanged for the real property. The state recordation tax may not be imposed on consideration exchanged for other kinds of assets, such as intangible personal property, which are…