Real Estate Exam Question: Transfer Of Title

State transfer tax of $0.37 per $100. Tennessee has a state transfer tax of $0.37 per $100 of property value transferred.

Transfer Of TitleTaxes

Tennessee has which type of transfer tax?

No transfer tax

State transfer tax of $0.37 per $100

Only county transfer taxes

1% of sale price

Explanation

Tennessee has a state transfer tax of $0.37 per $100 of property value transferred.

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