MD Homestead

State Description

MD

Owner occupied residential property or condo or co-op or or a manufactured home that has been converted to real property pursuant to Real Property ยง 8B-201, to $27,900 (husband and wife may not double), can only be claimed once every 8 years. (Note:Maryland homestead cap is equal to the Federal inflation-adjusted homestead amount, as of April 1, 2022, adjusted for inflation every 3 years.)

MD

Property held as tenancy by the entirety is exempt against debts owed by only one spouse