Transfer Of TitleTaxesMEDIUM
Virginia's recordation tax is:
Correct Answer
B) $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.
Answer Options
A
Paid only by sellersB
$0.25 per $100 of value on deedsC
Not applicableD
A flat feeAudio Lesson3 min
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Related Topics & Key Terms
Related Topics:
closing-costs-calculationdeed-recording-processvirginia-real-estate-closing-procedures
Key Terms:
recordation taxVirginia Code 58.1-801ad valorem taxdeed recordingtransfer tax
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