Real estate tip: Home seller may pay transfer tax

Do cities charge transfer or sales taxes on a home sale?
Published on Jan 14, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Sales taxes are not charged on home sales but transfer taxes are levied in many states. A transfer tax is an assessment by state or local authorities at the time a piece of property changes hands. The seller usually pays ...