After studying the Basic Course, I approached my settlement attorney about submitting a Deed In for my privately owned rental.  He said that in Maryland, the trust would qualify as a Real estate Investment Trust and be subject to a 2.5% recording fee. Is a land Trust Really a REIT?

Here is the state statute:

MD 8-101(c) Real estate investment trust. — “Real estate investment trust” means an unincorporated business trust or association formed under this title in which property is acquired, held, managed, administered, controlled, invested, or disposed of for the benefit and profit of any person who may become a shareholder.

Answered question