Legal Question in Real Estate Law in Maryland

Would it be considered fraud to buy someone's house for a very low price that we both agreed on such as $1.00 and then selling it back to them for that same price in Maryland?

Asked on 10/25/13, 5:47 am

1 Answer from Attorneys

Thomas Valkenet Young & Valkenet

Everything is contextual. Who are you trying to screw? A creditor, or the tax office at the recorder of deeds? Each has different consequences.

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Answered on 10/25/13, 6:09 am

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