Get Rew-est

Filling out the REW-EST form is essential for all property conveyances in Delaware. This guide will assist you in navigating the sections of the form, ensuring accuracy in your submissions.

Follow the steps to fill out the REW-EST form accurately.

1. Press the ‘Get Form’ button to obtain the REW-EST form and open it in your preferred online editor.
2. In Part 1, enter the full address of the property being conveyed, including any additional address lines, city, state, and zip code.
3. In Part 2, select the transferor or seller type by marking the appropriate option: individual or revocable living trust, corporation, trust or estate, business trust, partnership, S corporation, limited liability company, or other.
4. Provide the date of transfer in Part 3. Choose from options including purchase, gift, inheritance, 1031 exchange, foreclosure/repossession, or other.
5. In Part 4, fill out the transferor/seller's name, taxpayer identification number (SSN or EIN), and the address for correspondence after settlement. Ensure this is only one name per return unless it refers to spouses.
6. In Part 5, check the applicable box, ensuring you only select one. If any box is checked, you will not need to complete Parts 6, 7, and 8.
7. For Parts 6, 7, and 8, complete the computation for payment and tax to be withheld as per the provided lines. Enter total sales price, selling expenses, net sales price, adjusted basis, total gain, and the Delaware estimated income tax due following the guidelines.
8. If you are reporting gain under the installment method in Part 8, check the corresponding box. If applicable, enter the Delaware estimated income tax paid.
9. At the end of the form, verify that all required fields are accurately filled. Sign and print the full name and title if you are the transferor/seller or the preparer.
10. Finally, save your changes, and use the options provided to download, print, or share the completed form.

Complete your REW-EST form online today for a seamless property transaction.