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Requirement and may not be waived. There are some documents that do transfer an interest in real property but are defined in statute as non-taxable. Those documents are; a lease for a term of years, an easement, a deed of trust or common law mortgage, an affidavit of surviving tenant, or a conveyance of a right of way. Such non-taxable documents do not require a declaration of value. If any of the non-taxable transfers were recorded via a document titled deed of any sort, a declaration of value.

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Related content

Real Property TransferTax & FAQ's
For Washoe and Churchill Counties: • $.10 is added. For Clark County: • $.60 is added...
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SF 95 1985 WA Form MR9 2019 VA 22-1990 2014 CA PTA Audit Report Form 2011

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It is preferred that both parties complete and sign the form as both the Seller/Grantor and Buyer/Grantee (Capacity) are jointly and severally responsible for payment of the transfer tax. If Seller/Grantor or Buyer/Grantee do not sign, the person who signs is required to identify themselves (Capacity).

Normally the seller is responsible for such things as the title insurance fee, documentation charges and notary fees for instruments transferring the property to the buyer; real property transfer tax on the recording of the deed; the real estate broker's fee and one-half of the Escrow Holder's fee.

Declaration of Value. The declaration of value is a document that must accompany any deed presented for recording. NRS 375.060 is the statute that pertains to this requirement and may not be waived. There are some documents that do transfer an interest in real property but are defined in statute as non-taxable.

Pursuant to NRS 375, real property transfer tax is collected when an interest in real property is transferred. The rate in Washoe County is $2.05 per $500 of value or fraction thereof, and the tax is collected by the County Recorder at the time of recording.

Tax on Transfers of Real Property (NRS 375) Pursuant to NRS 375, real property transfer tax is collected when an interest in real property is transferred. The rate in Washoe County is $2.05 per $500 of value or fraction thereof, and the tax is collected by the County Recorder at the time of recording.

Homestead Law Complete the Homestead Declaration form. ... Sign in the presence of a Notary Public. Take the completed document to Washoe County Recorder. For information regarding recording fees, please contact the Recorder's Office at (775) 328-3661 or visit their website at Washoe County Recorder.

The County Recorder in the county where the property is located is the agency responsible for the imposition and collection of the tax at the time the transfer is recorded. The Grantee and Grantor are jointly and severally liable for the payment of the tax.

You may be required to pay Real Property Transfer Tax (RPTT). RPTT is calculated as $1.95 for each $500.00 of value or fraction thereof.

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© Copyright 1997-2025
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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
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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