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Realtors pushing for pre-emptive bans on transfer taxes

After backing constitutional amendments in 4 other states, NAR turns its attention to Oregon
Published on Oct 17, 2012 | Updated on Apr 23, 2013

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by CareyBot

Having backed successful campaigns in at least four other states, Realtors are shelling out nearly $6 million in the hopes of banning real estate transfer taxes in Oregon through passage of a constitutional amendment that's been panned as a "carve-out" for a single industry by another business association that opposes it.

There are currently no real estate transfer taxes in Oregon, except in Washington County, which imposes a 0.1 percent transfer tax, or $200 on a $200,000 home.

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