Mortgages: $0.15/$100

0.15%

Cities within a county that implements a transfer tax can have a tax rate that is half of the county rate, $.275/$500, and the city tax can be applied as a credit against the county tax.

Real estate instrument recording fee: up to $10

0.055%

TABOR prohibits new or increased local transfer tax rates that were not in existence prior to Jan. 14, 1993. Localities’ rates that imposed taxes before TABOR vary from 1% to 4%.

1% - 4%

Municipal portion of transfer tax: 0.25%

Any targeted investment community/municipality with a qualified manufacturing plant may impose an additional tax of up to 0.25%

0.25%

Local tax: up to 1.5%

0% - 1.5%

Deed transfer tax: 1.45% or 1.1% for values up to $400,000.

Optional county documentary surtax: up to $0.45/$100

Mortgage tax: $0.35/$100

The state nonrecurring intangible tax rate is $2/$1000

0.45%

0.35%

0.2%

Intangible recording tax: $1.50/$500. The maximum amount of any intangible recording tax payable with respect to any single note is $25,000.

0.3%

$0.10/$100 on property with a value < $600,000

$0.20/$100 on property with a value between $600,000 but under $1M

$0.30/$100 on property with a value between $1M but under $2M

$0.50/$100 on property with a value between $2M but under $4M

$0.70/$100 on property with a value between $4M but under $6M

$0.90/$100 on property with a value between $6M but under $10M

$1.00/$100 on property with a value ≥ $10M

For condos and single family residences where the purchaser is ineligible for a county homeowner’s exemption, the tax imposed for each transaction is:

$0.15/$100 on property with a value < $600,000

$0.25/$100 on property with a value between $600,000 to $1M

$0.40/$100 on property with a value between $1M but under $2M

$0.60/$100 on property with a value between $2M but under $4M

$0.85/$100 on property with a value between $4M but under $6M

$1.10/$100 on property with a value between $6M but under $10M

$1.25/$100 on property with a value ≥ $10M

0.15% - 1.25%

County real estate transfer tax (optional): $0.25/$500

Home rule municipalities with a population over 1M may impose an additional transfer tax of up to $1.50/$500

0.05%

0.3%

Counties may levy a local transfer tax at a rate of up to 0.5%

State recordation tax rate: $0.55 for a property that is in 2 or more counties and is security for a corporate bond of a public service company.

County recordation tax rates vary.

Agricultural land transfer tax:

1. 20 acres or more of agricultural land: 5%
2. Less than 20 acres of agricultural land for agricultural use or as unimproved agricultural land: 4%
3. Less than 20 acres of agricultural land assessed as improved agricultural land or agricultural land with site improvements: 3%

0% - 0.5%

3% - 5%

Only Barnstable County has reduced the basic state excise tax rate, bringing their rate to: $1.50 plus a 14% surtax (total=$1.71)/$500

0.342%

County real estate transfer tax: $0.55 - $0.75/$500 depending on +/- 2 million county population.

0.11% - 0.15%

Mortgage registry tax $0.23/$100

$5 transaction fee on the registration of any deed or mortgage for metropolitan counties.

0.23%

County transfer tax:

$0.65/$500 up to 700,000 county population

$1.25/$500 over 700,000 county population

Counties with a population under 700,000 may impose an additional transfer tax up to $0.05/$500.

0.13%

0.25%

0.01%

Paid by buyer and by seller, making total rate 1.5%

$20 minimum tax on transfers of $4,000 or less, for both buyer and seller, totaling to $40.

Recordation fee: $25

1. State fee $1.25/$500
2. County fee $0.50/$500
3. Additional fee of $0.75/$500 for deeds more than $150,000
4. General purpose fee that varies from $0.90-$2.15/$500 for deeds more than $350,000
5. Supplemental fee that varies from $0.25-$1.40/$500, depending on value of deed.
6. Grantee fee on sales over $1M have a fee equal to 1% of entire price.

Reduced rates are available for sellers of low- and moderate-income housing who are senior citizens, blind or disabled. Rates range from $0.50-$3.40/$500

1. 0.25%

2. 0.1%

3. 0.15%

4. 0.18% - 0.43%

5. 0.05% - 0.28%

6. 1%

0.1% - 0.68%

NY City realty transfer tax: 1% to 2.625% based on +/- $500K home value and type of property.

Mortgage recording tax:

1. Basic tax of $0.50/$100
2. Special additional tax $0.25/$100
3. Additional tax: $0.25/$100 for counties outside of the Metropolitan Commuter Transportation District and $0.30/$100 for counties within it.

NY City mortgage recording tax: $1.00-$1.75/$100 based on +/- $500K home value and type of property.

There are many other local optional taxes with rates varying by locality.

Seven counties (Camden, Chowan, Currituck, Dare, Pasquotank, Perquimans and Washington) can levy an optional local real estate excise tax to a maximum of $1.00/$100.

0% - 1%

Counties have the option to levy $0.30/$100

County auditors must collect a $0.50 parcel fee for each transfer of land or lot.

0% - 0.3%

Mortgage registration tax: $0.02-$0.10/$100, based on term of mortgage.

0.02% - 0.1%

Municipalities and school districts may impose a local realty transfer tax to a maximum of 1%.

($1.30 state, $0.55 county)

Local real estate transfer fees are prohibited except for those in effect before January 1, 1991.

Mortgage tax: $0.115/$100

For any instrument that requires a receipt by the county of the state transfer tax or mortgage tax, the county collects a $1.00 fee.

0.12%

Tax rate is 0.5% on the first $100,000 of value and 1.25% over $100,000. On a home financed with a purchase money mortgage in conjunction with the VT Housing and Conservation Trust Fund, VT Housing Finance Agency, or the US Dept. of Agriculture and Rural Development—there is no tax on the first $110,000 and 1.25% on any amount higher.

Property transfer return fee: $10

Clean water surcharge: 0.2%, however, there are special rates on select transfers.

Capital gains tax imposed on land sales, based on length of ownership.

For amounts greater than $10M, the rates are:

1. $0.22/$100 $10M to $20M
2. $0.19/$100 $20M to $30M
3. $0.16/$100 $30M to $40M
4. $0.13/$100 for anything over $40M

Deed of release recordation tax: $0.50

Grantor tax: $0.50/$500 when the consideration paid for or value of interest, whichever is greater, exceeds $100.

Optional local recordation tax equal to one-third of state recordation tax.

Regional Congestion Relief Fee: $0.15/$100

State deed recording fee: $20

0.1%

0.15%

Homeless Housing and Assistance (Document Recording) Surcharge Fee:

$40 surcharge on each document recorded through June 30, 2019. Exempts assignments or substitutions of previously recorded deeds of trust.

A county with a farmland protection program has the option to levy an additional county excise tax up to $1.10/$500.

Flat recording fee: $20.