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Oh Property Tax AssessmentConveyance_fee_1_per_1000_plus_countyMEDIUM

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:

Correct Answer

A) The state fee of $1.00 per $1,000 is uniform, but counties may add up to $0.30 per $1,000 as a permissive fee

Ohio has a two-part conveyance fee structure: the mandatory state fee of $1.00 per $1,000 applies uniformly across all counties, while individual counties may adopt an additional permissive fee of up to $0.30 per $1,000 (ORC §322.02). Not all counties have adopted the permissive fee.

Answer Options
A
The state fee of $1.00 per $1,000 is uniform, but counties may add up to $0.30 per $1,000 as a permissive fee
B
The conveyance fee is the same in every Ohio county at $1.30 per $1,000
C
Each county sets its own conveyance fee rate without any state involvement
D
The conveyance fee is set by the Ohio Tax Commissioner annually based on market conditions

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Related Topics & Key Terms

Key Terms:

conveyance_feecounty_variationstate_feepermissive_fee
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