Transfer Of TitleTaxesMEDIUM
Maine transfer tax is:
Correct Answer
B) $2.20 per $500 of value
Maine charges $2.20 per $500.
Answer Options
A
No transfer taxB
$2.20 per $500 of valueC
1% of sale priceD
Flat $100Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
closing-costs-calculationseller-disclosure-requirementsreal-estate-settlement-proceduresproperty-transfer-exemptions
Key Terms:
Maine transfer taxreal estate excise tax$2.20 per $500deed transfer tax36 M.R.S.A. § 4641-A
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