What form must be filed with the County Auditor in Ohio when transferring real property?
Correct Answer
B) DTE 100 (Real Property Conveyance Fee Statement of Value and Receipt)
The DTE 100 form is the required document that must be filed with the County Auditor when transferring real property in Ohio. It declares the sale price, identifies the property, and calculates the conveyance fee.
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Previous Question
A buyer and seller in Portage County, Ohio (which charges the county permissive fee) are closing on a $275,000 home. The seller asks the closing agent if the conveyance fee is tax-deductible. The agent correctly states:
Next Question
An Ohio buyer's purchase agreement includes a seller concession of $8,000 toward closing costs on a $340,000 sale. How does this concession affect the conveyance fee calculation?