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Washington, DC 200 ... Real Property Recordation and Transfer Tax Form FP 7/C ... If more than one lot, list Square/Suffix/Lots below or attach addendum: .... 5. Transfer Tax. 1.45% of Line 2 or Line.

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Deed Recordation DC Code Citation: Title 42, Chapter 11. 1.45% of consideration or fair market value on the entire amount, if transfer is $400,000 or greater.

To apply for recognition of exemption from District of Columbia taxation, please visit MyTax.DC.gov. For questions, please contact OTR's Customer Service Administration at (202) 727-4TAX (4829).

A tax-free stock transaction happens when stock is transferred or exchanged without realizing any gains on the stock.

A completed Tax Return (FP-7/C) is required to record any Deed, Deed of Trust, Modification or Amendment to a Deed of Trust, Trustee's Deed or Memorandum of Lease for a term of 30 years or more.

1.1 % of consideration or fair market value for residential property transfers less than $400,000 and 1.45% of consideration or fair market value on the entire amount, if transfer is greater than $400,000. Note: For residential properties under $400,000, the rate is 1.1% of consideration or fair market value.

This program is known as DC Tax Abatement, and, for a purchase price of $332,000 or less, it provides an exemption from the DC 1.1% Recordation Tax and an allowable credit from the seller of 1.1% equal to the DC Transfer Tax. No tax abatement program exists for first time home sellers.

1.1 % of consideration or fair market value for residential property transfers less than $400,000 and 1.45% of consideration or fair market value on the entire amount, if transfer is greater than $400,000. Note: For residential properties under $400,000, the rate is 1.1% of consideration or fair market value.

A deed that transfers title to DC real estate must be filed with the recorder of deeds for recording to provide notice of a transfer to third parties. DC law requires a deed to be recorded within 30 days after it is signed and notarized.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232