Real Estate Exam Question: Transfer Of Title

Q: Virginia's recordation tax is:

$0.25 per $100 of value on deeds. Virginia's state recordation tax is $0.25 per $100 of consideration on deeds, with localities able to add additional taxes.

Transfer Of TitleTaxes

Virginia's recordation tax is:

Paid only by sellers

$0.25 per $100 of value on deeds

Not applicable

A flat fee

Explanation

Virginia's state recordation tax is $0.25 per $100 of consideration on deeds, with localities able to add additional taxes.

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