Kentucky's real estate transfer tax on deed conveyances is calculated at:
Correct Answer
B) $0.50 per $500 of consideration
Kentucky imposes a real estate transfer tax of $0.50 per $500 of consideration (equivalent to $1.00 per $1,000) under KRS 142.050. The tax is paid at the time the deed is recorded with the county clerk. For example, a $200,000 sale would result in a transfer tax of $200.
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