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Delaware real estate transfer tax is:

Correct Answer

B) 4% of sale price (split between state and county)

Delaware charges a 4% transfer tax, typically split between buyer and seller.

Answer Options
A
No transfer tax
B
4% of sale price (split between state and county)
C
1% of sale price
D
Flat $500 fee
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Related Topics & Key Terms

Related Topics:

closing-costs-calculationsettlement-proceduresprorations-in-real-estatedeed-recording-fees

Key Terms:

Delaware transfer taxrealty transfer tax4% transfer taxclosing costsTitle 30 Delaware Code
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