Transfer Of TitleTaxesMEDIUM
Massachusetts deed excise tax (transfer tax) is:
Correct Answer
B) $2.28 per $500 of purchase price (statewide)
Massachusetts deed excise tax is $2.28 per $500 of the purchase price statewide, with some communities adding additional taxes.
Answer Options
A
$2.00 per $500B
$2.28 per $500 of purchase price (statewide)C
No transfer taxD
1% of sale priceAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
closing-costs-calculationsettlement-disclosure-requirementsreal-estate-transfer-procedures
Key Terms:
deed excise taxtransfer taxMassachusetts Chapter 64D$2.28 per $500real estate closing costs
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