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N C TAX COMPUTATION SELLER'S BUSINESS / ORGANIZATION / OTHER NAME Exempt Code If no exempt code enter NONE Downtown LaGrange Development Authority MAILING ADDRESS (STREET & NUMBER) 1. Actual Value of consideration received by seller Complete Line 1A if actual value unknown 200 Main St CITY, STATE / PROVINCE / REGION, ZIP CODE, COUNTRY DATE OF SALE LaGrange, GA 30240 USA 9/24/2013 SECTION B BUYER S INFORMATION (Do not use agent s information) BUYER S LAST NAME FIRST NAME.
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Applicable FAQ
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There is imposed a tax at the rate of $1.00 for the first $1,000.00 or fractional part of $1,000.00 and at the rate of 10 cent(s) for each additional $100.00 or fractional part of $100.00 on each deed, instrument, or other writing by which any lands, tenements, or other realty sold is granted, assigned, transferred, or ...
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The PT-61 Index contains real time sales and tax data based on the official source of property transfer tax data in Georgia. Before a deed, security instrument, or other writing can be recorded in the office of the Clerk of the Superior Court, a PT61 form must be completed and the real estate transfer tax paid.
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In the State of Georgia, sellers are required to pay a transfer tax whenever real estate transfers ownership. This tax will be due before the deed can be recorded in the office of the clerk of the superior court. The transfer tax is calculated based on the sale price of the property.
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The real estate transfer tax is based upon the property's sale price at the rate of $1 for the first $1,000 or fractional part of $1,000 and at the rate of 10 cents for each additional $100 or fractional part of $100.
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The State of Georgia Transfer Tax is imposed at the rate of $1.00 per thousand (plus $0.10 / hundred) based upon the value of the property conveyed. Example: A property selling for $550,000.00 would incur a $550.00 State of Georgia Transfer Tax.
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The real estate transfer tax is based upon the property's sale price at the rate of $1 for the first $1,000 or fractional part of $1,000 and at the rate of 10 cents for each additional $100 or fractional part of $100.
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The PT-61 Index contains real time sales and tax data based on the official source of property transfer tax data in Georgia. Before a deed, security instrument, or other writing can be recorded in the office of the Clerk of the Superior Court, a PT61 form must be completed and the real estate transfer tax paid.
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