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Transfer Of TitleTaxesMEDIUM

Connecticut real estate conveyance tax is:

Correct Answer

B) State and municipal taxes based on sale price

Connecticut has both state and municipal conveyance taxes based on the sale price.

Answer Options
A
No conveyance tax
B
State and municipal taxes based on sale price
C
Only federal tax
D
Flat fee
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A transfer tax is a tax imposed on the transfer of ownership of real estate.

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