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Transfer Of TitleTaxesMEDIUM

Hawaii conveyance tax is:

Correct Answer

B) Progressive rate based on sale price

Hawaii has a progressive conveyance tax with rates increasing based on sale price.

Answer Options
A
No transfer tax
B
Progressive rate based on sale price
C
Flat 1%
D
Only on commercial property
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Related Topics & Key Terms

Related Topics:

state-specific-transfer-taxesreal-estate-closing-costsproperty-valuation-methods

Key Terms:

Hawaii conveyance taxprogressive tax rateHRS 247-13luxury property taxreal estate transfer tax
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