The revenue collected from Ohio's state conveyance fee is distributed to:
Correct Answer
D) The state's general revenue fund
The state portion of Ohio's conveyance fee ($1.00 per $1,000) is deposited into the state's general revenue fund. The county permissive fee, when adopted, stays with the county.
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An Ohio property owner gifts a $300,000 property to his adult daughter. No money changes hands. How is the conveyance fee handled?
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A real estate agent in Butler County, Ohio is advising a seller who is relocating. The seller wants to know if the conveyance fee varies by county in Ohio. The agent should explain that: