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:
Correct Answer
C) $2,640.50
Step 1: State fee = $185,000 / $1,000 × $1.00 = $185. Step 2: County fee = $185,000 / $1,000 × $0.30 = $55.50. Step 3: Total conveyance fee = $185 + $55.50 = $240.50. Step 4: Total charges = $240.50 + $2,400 = $2,640.50.
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In Ohio, the maximum county permissive conveyance fee that a county may adopt in addition to the state conveyance fee is:
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