Transfer Of TitleTaxesMEDIUM
Tennessee has which type of transfer tax?
Correct Answer
B) State transfer tax of $0.37 per $100
Tennessee has a state transfer tax of $0.37 per $100 of property value transferred.
Answer Options
A
No transfer taxB
State transfer tax of $0.37 per $100C
Only county transfer taxesD
1% of sale priceAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
closing-costs-calculationsettlement-statement-preparationstate-specific-real-estate-regulations
Key Terms:
Tennessee Documentary Stamp Taxtransfer tax$0.37 per $100T.C.A. § 67-4-409deed tax
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