Legal Question in Real Estate Law in Maryland
Nominal Bond
What is a nominal bond?
Asked on 7/11/07, 9:22 pm
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
Re: Nominal Bond
When you open an estate, even though the will may say that no bond is required, the register of wills nonetheless requires you to post a small bond to cover court fees and inheritance taxes. It will probably cost you a premium of around $100.
Answered on 7/12/07, 12:22 pm