What is the function of the Maryland State Department of Assessments and Taxation?

The Maryland State Department of Assessments and Taxation plays a crucial role in overseeing property assessments and maintaining property ownership records. This function is essential for ensuring that properties are accurately valued for taxation purposes, which directly impacts local government revenue. The department conducts assessments of real property, including residential, commercial, and agricultural properties, to determine their value. This process ensures that tax assessments are fair and equitable across the state.

Additionally, maintaining property ownership records is vital for various aspects of real estate transactions, title searches, and the overall management of property rights. These records provide a historical account of property ownership, facilitating transparency and legal clarity regarding property transactions. This function underpins the real estate market and supports individuals and businesses in making informed decisions about property investments.