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IN THE CIRCUIT COURT OF COUNTY COMMONWEALTH OF VIRGINIAYOUR NAME ) PLAINTIFFvs. ) CASE NO. DEFENDANT 'S NAME )DEFENDANTCOMPLAINTCOMES, , Plaintiff, and files this Complaint and would state in support.

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There are no transfer taxes in Virginia in connection with the execution or assignment of a lease. If either party to the lease records a memorandum of lease, there is a recording tax of 25 cents per $100 "or fraction thereof" of the value contracted (Va. Code Ann. § 58.1-807(A)).

§ 58.1-801. A. On every deed admitted to record, except a deed exempt from taxation by law, there is hereby levied a state recordation tax. The rate of the tax shall be 25 cents on every $100 or fraction thereof of the consideration of the deed or the actual value of the property conveyed, whichever is greater.

Cost of selling a home in Virginia Grantor tax: The buyer is responsible for most of the real estate transfer taxes in Virginia. However, sellers do pay a grantor tax, which is $0.50 for every $500 of value. Sellers in Northern Virginia pay an additional grantor tax of $0.10 for every $100 of value.

The seller pays a property transfer tax to the state, also known as the VA Grantor tax. If there is a mortgage on the property, the buyer will pay a record-keeping tax to the state of Virginia and the county.

58.1-803. Deeds of trust or mortgages; maximum tax. A. A recordation tax on deeds of trust or mortgages is hereby imposed at a rate of 25 cents on every $100 or portion thereof of the amount of bonds or other obligations secured thereby.

On every deed admitted to record, except a deed exempt from taxation by law, there is hereby levied a state recordation tax. The rate of the tax shall be 25 cents on every $100 or fraction thereof of the consideration of the deed or the actual value of the property conveyed, whichever is greater.

∙ § 58.1-802 State grantor tax (038), when the consideration or value of interest, whichever is greater exceeds $100, is based on $0.25 per $500 or fraction thereof on the greater of deed consideration or property value.

When you buy or sell a home in Virginia, you'll need to pay real estate transfer taxes. In Virginia, transfer taxes are $3.50 per $1,000 of home sale price. This is usually split as $1 per $1,000 for the seller and $2.50 per $1,000 for the buyer.

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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