Paying transfer & recordation taxes

Click on the DC, Maryland, Virginia and Florida tabs below for a break down of taxes associated with the purchase and sale of a residential property in each jurisdiction.

  • District of Columbia

    Recordation tax (also known as transfer tax) - Calculated using the purchase price.

    • Transactions $399,999 and under are taxed at the rate of 1.1% of the purchase price. Example: $300,000 x 1.1% = $3,300. So the buyer and seller would each pay $3,300 for a total of $6,600 paid to DC.

    • Transactions $400,000 and above are taxed at the rate of 1.45% of the purchase price. Example: $500,000 x 1.45% = $7,250. So the buyer and seller would each pay $7,250 for a total of $14,500 paid to DC.

    Read more: DC Tax Abatement Program

    Recording fees (recording of Deeds, Deeds of Trust, etc.)

    • $31.50 for a Deed and $156.50 for a Deed of Trust.

    Property taxes - Paid semi-annually, the two tax periods are:

    • Taxes due on 3/31 for the period of 10/1 - 3/31
    • Taxes due on 9/30 for the period of 4/1 - 9/30

    Updated on 04/07/2014 | This information is deemed reliable, but not guaranteed.

  • Maryland

    Transfer tax (also known as recordation tax)

    • State Transfer Tax is 0.25% to purchasers for all counties
    • State Recordation Tax (see chart below)
    • County Transfer Tax (see chart below)

    If the borrower is a first-time Maryland Homebuyer who will occupy the property as principal residence, then the borrower is exempt from state transfer tax. However, all purchasers must be first-time homebuyers in Maryland to qualify.

    Recording fees (recording of Deeds, Deeds of Trust, etc.)

    • $40 for each Deed or Deed of Trust
    • $30 per release

    This generally results in a total recording charge of approximately $80 for purchase transactions. The following chart is based on customary splits (apportionment) between buyer and seller, the split is typically 50-50. 

    Chart shows what each party pays unless otherwise agreed in contract

    County Transfer 
    Tax1
    County
    Transfer 
    Tax2
    Property
    Tax Rate3
    Code
    Allegheny $3.50 0.005% $1.093 1
    Anne Arundel $3.50 1% $1.053 --
    Baltimore County^ $2.50 1.5% $1.212 2
    Baltimore City^ $5.00 1.5% $1.212 8
    Calvert $5.00 None $1.212 --
    Caroline $5.00 0.5% $1.212 3
    Carroll $5.00 None $1.212 8
    Cecil $4.10 $10 flat charge per deed $1.212 4
    Charles $5.00 0.25% $1.212 --
    Dorchester $5.00 0.75% $1.212 --
    Frederick $6.00 None $1.212 --
    Garrett $3.50 1% $1.212 5
    Harford $3.30 1% $1.212 1-8
    Howard $2.50 1% $1.212 8
    Kent $3.30 0.5% $1.212 --
    Montgomery
    PP < $500k
    $3.45 1% $1.212
    5
    Montgomery
    PP > $500k
    $5.00 1% $1.212 5
    Prince George's $2.20 1.4% $1.212 --
    Queen Ann's $3.30 0.25% $1.212 6
    St. Mary's $4.00 1% $1.212 1
    Somerset $3.30 None $1.212 --
    Talbot $6.60 1% $1.212 5
    Washington $3.80 0.5% $1.212 --
    Wicomico $3.50 None $1.212 5
    Worchester $3.30 0.5% $1.212 5

    The above Transfer & Recordation Taxes are based on customary splits (apportionment) between buyer and seller, the split is typically 50-50. In some cases, the parties may reallocate the responsibility to pay Transfer & Recordation Taxes.

    We advise that you carefully review the sales contract prior to calculating the transfer & recordation taxes. If you have any questions, please contact us

    1 Per $1,000 of purchase price (based on loan amount for refinancing transactions)
    2 Percent of purchase price
    3 Per $100 of value (includes state real property tax of $0.112/$100).

    ^ We do not offer services in these locations.

    Tax rate may vary in cities of other incorporated areas.

       1. The first $30,000 is exempt for owner occupied principal residence.
       2. The first $22,000 is exempt for owner occupied principal residence.
       3. The first $25,000 is exempt for owner occupied principal residence OR the first $75,000 is exempt for owner occupied principal residence AND first-time Maryland Homebuyers.
       4. Surcharge of $10 per Deed/Deed of Trust.
       5. The first $50,000 is exempt from Recordation Tax for owner-occupied principal residence.

    Example: A primary residence with the first $50k exempt from tax and a purchase price of $700k, will be taxed as follows:  

       450 x $3.45 = $1,552.50
    + 200 x $5.00 = $1,000.00
           Total = $2,252.50

       6. Exempt for first time Maryland Homebuyer.
       7. Washington County has a 2% Agriculture Tax, if applicable.
       8. These counties require a lien certificate, fee ranging $25 - $55.

    Property taxes

    Principal residences are paid semi-annually, non-principal residences and investment properties are paid annually.

    For principal residences:

    •  Taxes due on 9/30 for the period of 7/1 - 12/31
    •  Taxes due on 12/31 for the period of 1/1 - 6/30

    For non-principal residences and investment properties:

    •  Taxes du on 9/30 for the period 7/1 - 6/30

    Updated on 3/19/2013 | This information is deemed reliable, but not guaranteed.

  • Virginia

    Recordation tax (also known as transfer tax) - Calculated using purchase price

    • Deed Tax = $3.33 per $1000 of Purchase Price
    • Trust Tax = $3.33 per $1000 of loan amount

    Recording fees (recording of Deeds, Deeds of Trust, etc.)

    • $33.00 to record a deed and $66.00 to record a mortgage, regardless of the number of pages in the documents. This generally results in a total recording charge of approximately $99 purchases.

    Property taxes

    Taxes are paid semi-annually, due dates vary by county. A few counties are outlined below:

    Fairfax County

    • First Half due 7/28
    • Second Half due 12/5
    • 703-222-8234

    Arlington

    • First Half due 6/5
    • Second Half due 10/5
    • 703-228-3090

    City of Alexandria

    • First Half due 6/15
    • Second Half due 11/15
    • 703-838-4777

    Prince William

    • First Half due 7/28
    • Second Half due 12/5
    • 703-792-6710

    Updated on 12/31/2012 |This information is deemed reliable, but not guaranteed.

  • Florida

    Recording fees

    Lines 1201 - 1203: Government recording fees and taxes in Florida and the calculations for such fees are as follows

    • $10.00 for first page of document, plus
    • $8.50 for each subsequent page (typically, $18.50 for deeds and $137.50 for mortgages)

    Intangible lender mortgage tax

    • $0.20 per each $100.00 of face value of mortgage, and

    Documentary stamps

    • $0.35 per each $100.00 of face value of the mortgage. Also, there is a deed transfer tax in Florida. paid by the Seller.

    In Miami-Dade County, the tax rate is $0.60 for each $100 (or fraction thereof) of the total consideration paid when the property is a single-family residence, and $0.60 plus $0.45 surtax per $100 (or fraction thereof) of the total consideration paid for property other than a single-family residence.

    Currently, in all Florida counties other than Miami-Dade County, the tax rate on documents that transfer an interest in real property is $0.70 for each $100 (or fraction thereof) of the total consideration paid for the transfer.

    Property taxes

    The Tax Collector's Office collects real estate taxes annually in Florida. The tax year runs from January through December.

    Tax notices are mailed on or before November 1 of each year with the following discounts for:

    • 4% if paid in November
    • 3% if paid in December
    • 2% if paid in January
    • 1% if paid in February
    • Gross tax if paid in March, no discount applies

    Real estate taxes become delinquent on April 1 of the following year in which they were assessed.

    As of April 1, a three percent (3%) penalty is added to the gross tax amount due. Discounts do not apply to delinquent payments. Delinquent taxes must be paid by cashier's check or money order. Personal checks will not be accepted.

    Pursuant to Florida Statute 197.122, all property owners are held to know that taxes are due and payable annually. They are charged with the duty of ascertaining the amount of current and delinquent taxes due. If a taxpayer does not receive a tax notice in November, it is the taxpayer's responsibility to contact the tax collector's office to request a duplicate bill.

    Updated on 9/23/2009 | This information is deemed reliable, but not guaranteed.

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