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Pa Transfer TaxesState_tax_1pctEASY

What is the combined typical total realty transfer tax rate (state + local) in most Pennsylvania counties outside of Philadelphia?

Correct Answer

C) 2%

In most Pennsylvania counties outside Philadelphia, the typical total transfer tax rate is 2% — 1% state tax plus 1% local tax (split between county and municipality).

Answer Options
A
1%
B
3%
C
2%
D
4%

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Related Topics & Key Terms

Key Terms:

transfer_taxcombined_rate2_percentstate_plus_local

Related Concepts

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A bargain and sale deed implies that the grantor holds title and possession of the property but does not include warranties against encumbrances or title defects.

The chain of title is the sequential history of all transfers of ownership for a specific property, from the original source (typically a government patent or grant) to the present owner. An unbroken chain is essential for marketable title.

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