Edward J. Levin: Supplemental instrument exemption applies to indemnity deeds of trust

Baltimore City Special Chief Solicitor Jack Machen wrote a column, “A word (but surely not the last) on IDOTs,” that appeared in The Daily Record on Feb. 4, regarding the effect of Senate Bill 1302 of the first General Assembly session of 2012 on the imposition of recordation taxes on indemnity mortgages and indemnity deeds of trust (either is called an IDOT). Senate Bill 1302 added subsubsection (7) to subsection 12 105(f) of the Tax-Property Article of the Maryland Code (TP).

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