Wisconsin's transfer fee is:
Correct Answer
B) $3.00 per $1,000 of the sale price (0.3%)
Wisconsin charges a real estate transfer fee of $3.00 per $1,000 of the value of real estate transferred. This is paid at the time of recording the deed with the register of deeds.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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