Transfer Affidavit Valued Form 2766
Description
How to fill out Wisconsin Transfer By Affidavit For Estates Valued Under $50,000?
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FAQ
Affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. The information on this form is NOT CONFIDENTIAL.
Affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. The information on this form is NOT CONFIDENTIAL.
The home seller typically pays the real estate transfer taxes. The state tax is calculated at $3.75 for every $500 of value transferred and the county tax is calculated at $0.55 for every $500 of value transferred.
State Law requires a Property Transfer Affidavit to be filed whenever real estate is transferred (even if you are not recording a deed).
The State of Wisconsin allows its residents to utilize a Transfer by Affidavit to avoid probate when the decedent's estate does not exceed $50,000 in gross value.