Arkansas Purchase Real With You Chief
Description
How to fill out Arkansas Contract For Sale And Purchase Of Real Estate With No Broker For Residential Home Sale Agreement?
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FAQ
Homebuyers in the majority of the country ? minus 13 states ? need to account for ?real estate transfer taxes? in their closing costs, including Arkansas. Transfer taxes are local and state government taxes that are paid as the seller transfers the home to the buyer.
For REFUND RETURN: Arkansas State Income Tax, P.O. Box 1000, Little Rock, AR 72203-1000; For TAX DUE RETURN: Arkansas State Income Tax, P.O. Box 2144, Little Rock, AR 72203-2144; For NO TAX DUE RETURN: Arkansas State Income Tax, P.O. Box 2144, Little Rock, AR 72203-2144.
The Real Property Transfer Tax is levied on each deed, instrument, or writing by which any lands, tenements, or other realty sold shall be granted, assigned, transferred, or otherwise conveyed. The tax rate is $3.30 per $1,000 of actual consideration on transactions that exceed $100.
Credit card payments may be made over the telephone by calling 1-800-2PAY-TAX (1-800-272-9829) or over the internet by visiting and clicking the "State Payments" link and either choosing Arkansas or entering the jurisdiction code 1400. Both of these options are available 24 hours a day.