In Ohio, the maximum county permissive conveyance fee that a county may adopt in addition to the state conveyance fee is:
Correct Answer
D) $0.30 per $1,000 of the sale price
Under ORC §322.02, Ohio counties may adopt a permissive conveyance fee of up to $0.30 per $1,000 of the sale price, in addition to the mandatory state conveyance fee of $1.00 per $1,000.
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Previous Question
Jason sells his home in Hamilton County, Ohio for $320,000. Hamilton County imposes the maximum permissive real-property transfer fee of $3 per $1,000 (which includes the $1/$1,000 state mandatory fee). What total conveyance fee should appear on the settlement statement?
Next Question
A duplex in Summit County, Ohio sells for $185,000. The county charges the full permissive fee. The seller also has $2,400 in unpaid property taxes. At closing, the seller's total charges for conveyance fee and delinquent taxes are: