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This entry was published on 2014-09-22
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SECTION 1563
Liability for tax
Tax (TAX) CHAPTER 60, ARTICLE 33-B
§ 1563. Liability for tax. 1. The real estate transfer tax shall be
paid by the buyer.

2. For the purpose of the proper administration of this article and to
prevent evasion of the tax hereby imposed, it shall be presumed that all
conveyances are taxable. Where the consideration includes property other
than money, it shall be presumed that the consideration is the fair
market value of the real property or interest therein. These
presumptions shall prevail until the contrary is proven, and the burden
of proving the contrary shall be on the person liable for payment of the
tax.