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County to lower owner‑occupied tax‑sale redemption interest rate to comply with state law
Allegany County Board of Commissioners · March 26, 2026
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Summary
Commissioners were told Maryland law caps interest on owner‑occupied tax‑sale redemption at 10%; the county’s rate previously was 18% and staff will update local policy prior to the May tax sale. Non‑owner‑occupied properties are to remain at the prior 18% rate, per staff explanation.
Mr. Brennan told the board that Maryland legislators changed the law and that the allowable interest rate on owner‑occupied properties redeemed after tax sale is now capped at 10 percent. He said the county’s…
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