Submitted by Anonymous on Thu, 08/13/2009 - 12:07
Posted in
Is this tax (0.456% in most counties) only due (to be paid by seller) if financial consideration $$ is paid for the property?
If title to a property is transfered for no money (e.g. to transfer ownership to/from Joint Tenancy) is their any such tax due?
Read Similar Questions
- Using Quitclaim Deeds in Massachusetts
- Transfer house by deed without attorney
- Tenancy by the Entirety in MA
- Title V (Title 5) for bank-owned or foreclosed property?
- PSA Agreement Broker Liq. Damages clause?
- Seller of Property refuses to meet closing dates
- Transfer Investment Condo into LLC with Mortgage but no Permission
- Transfer of property to and by executor or personal representative of estate in MA
- Process to Transfer Title of Automobile that was left in a Will
- Joint tenancy and one takes mortgage
Recent Posts about Massachusetts Laws
| Forum | Last post |
|---|---|
|
Hello. I'm in the middle of an appeal for SSDI and my attorney asked me to get a residual functional capacity....
First, I guess it's not a good sign that you do not trust your current....
|
2/7/2012 08:18 by Adam13 |
|
Hi everybody.
I am trying to make an offer on a house, which is an estate sale. As I understand, the execut....
|
2/6/2012 13:50 by ilya980 |
|
I've been helping a friend pay for a lawyer to go to probate court.
Her ex-Boyfriend, whom she is taking to c....
|
2/6/2012 12:21 by rbiddle |
|
Hello. I live in Massachusetts and I'll have to file bankruptcy in the next few weeks or definitely within a ....
If it were me, I would stop using the credit card(s). Since you ....
|
2/6/2012 06:45 by RCD68 |
|
I dropped my car off for repairs at a MA mechanic in my town. He had to keep the car for a couple of days to ....
Sorry about the charges, but I think the mechanic is following the law....
|
2/4/2012 07:03 by WinnD |
|
Hi, there. I'm hoping to find some clarity with a landlord situation I'm currently in. Apologies for the lengt....
Short answer for a long question: You need to review Massachuset....
|
2/4/2012 00:02 by klp |
|
If I witness a person getting beat up at a party and just run away without calling the cops or helping the guy....
I don't think so. In terms of civil liability (as opposed to cri....
|
2/3/2012 07:17 by Coller |
|
My father passed away in September. The probate is over and settled, no contests to the will. My mother is the....
Your dad died in September and the probate is already settled – ....
|
2/2/2012 18:50 by JGraul |
|
Hi. My cousin is charged with possession with intent to distribute drugs in a Massachusetts court. He is not a....
Unfortunately for your cousin, if an immigrant is convicted of certain....
|
2/2/2012 08:07 by Sister6 |
|
I just got served been divorced since 1999 ex is looking for more support and college expenses, divorce decree....
Hi. Since any matters in the divorce order or agreement relating to th....
|
2/1/2012 19:16 by customsporty |
|
Just curious if you have any thoughts or have read any information regarding the success rate of divorce media....
Yes, I've also seen the 90% estimate on various websites, with some me....
|
1/24/2012 11:47 by RRM |
|
Several of my colleagues will dictate consultation notes in which they state they don't have the complete hist....
The question probably boils down to whether or not such practice is wi....
|
10/2/2011 18:37 by Anonymous |
MA Stamp taxes
Generally yes (as to your first question) - the stamp tax due is based on the value of the consideration paid to the seller. If the transfer is for no consideration (generally worded "for nominal consideration paid of less than One Hundred ($100.00) Dollars"), then the Registry of Deeds will charge recording fees, but no stamp taxes. See Attorney Bernardin's contact information here.