Based on the Basic Course, I approached a real estate attorney about submitting a Deed In for my rental.  He said that in Maryland, the trust would qualify as a Statutory Trust, which must be registered with the state (with an annual filing fee) and the deed in would be subject to to a 2.5% recording fee.

A Statutory Trust can (among other things):

  • Acquire by purchase or in any other manner, and take, receive, own, hold, use, employ, improve, and otherwise deal with any interest in real or personal property, wherever located;

If this is indeed the case, would changing the situ of the trust to VA solve the problem?

Changed status to publish