Caroline County Disclaimer of Interest Forms (Maryland)

Form Package

Disclaimer of Interest

State

Maryland

Area

Caroline County

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$27.97

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Included Forms

All Caroline County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Maryland and Caroline County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Disclaimer of Interest Forms:

• Caroline County

Including:

• Bethlehem
• Denton
• Federalsburg
• Goldsboro
• Greensboro
• Henderson
• Hillsboro
• Marydel
• Preston
• Ridgely
• Templeville

What is the Maryland Disclaimer of Interest

Under the Code of Maryland, the beneficiary of an interest in property may renounce the gift, either in part or in full ( 9-202). Note that the option to disclaim is only available to beneficiaries who have not acted in any way to indicate acceptance or ownership of the interest ( 9-210).

The disclaimer must be in writing and include a description of the interest, a declaration of intent to disclaim all or a defined portion of the interest, and be signed by the disclaimant ( 9-202 (c)).

Deliver the disclaimer within nine months of the transfer (e.g., the death of the creator of the interest) to the transferor or his representative or the holder of legal title ( 9-209). In the case of real property, acknowledge the disclaimer as is required for a deed and record it in the county where the property is located.

A disclaimer is irrevocable and binding for the disclaiming party and his or her creditors, so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property. If the disclaimed interest arises out of jointly-owned property, seek legal advice as well.

(Maryland DOI Package includes form, guidelines, and completed example)

Our Promise

The documents you receive here will meet, or exceed, the Caroline County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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