Conveyance Tax – David Reecher

Conveyance tax is a tax imposed on the transfer of real property, at the state, county or municipal level. Also called real estate transfer tax, conveyance tax is generally calculated as a percentage of the sale price. If the property is sold for a very low amount or is transferred for free, such as between family members, it may be exempt from conveyance tax but still subject to estate tax, in some cases.

David Reecher

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