Transfer of TitleMEDIUMFREE
Washington's Real Estate Excise Tax rate is:
2:02
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Question & Answer
Review the question and all answer choices
A
A flat 1%
B
Graduated based on sale price, ranging from 1.1% to over 3%
Correct Answer
C
No transfer tax
D
0.5% flat
Why is this correct?
Washington's REET uses a graduated rate structure based on the sale price, with rates increasing for higher-priced properties.
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