Real estate agent here. Conveyance tax is a mandatory fee paid by the seller. It was supposed to be a temporary item that was passed several years it. It is split between the town and the state. I tell clients to estimate about 1% of the sales price, but to check with their attorney for their figure.
jdhall1984 t1_j7hq0ey wrote
Reply to Conveyance Tax by Over_Razzmatazz3417
Real estate agent here. Conveyance tax is a mandatory fee paid by the seller. It was supposed to be a temporary item that was passed several years it. It is split between the town and the state. I tell clients to estimate about 1% of the sales price, but to check with their attorney for their figure.