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Oh Property Tax AssessmentConveyance_fee_1_per_1000_plus_countyEASY

A townhouse in a county that does NOT charge a county permissive fee sells for $175,000 in Ohio. What is the conveyance fee?

Correct Answer

D) $175

Without a county permissive fee, only the state conveyance fee of $1.00 per $1,000 applies. $175,000 / $1,000 × $1.00 = $175.

Answer Options
A
$52.50
B
$227.50
C
$350
D
$175

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Related Topics & Key Terms

Key Terms:

conveyance_feestate_onlyno_county_feecalculation
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