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REAL ESTATE TRANSFER TAX Act 134 of 1966 AN ACT to impose a tax upon written instruments which transfer any interest in real property; to provide for the administration of this act; and to provide
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What is real estate transfer tax?
Real estate transfer tax is a tax imposed on the transfer of real property from one party to another.
Who is required to file real estate transfer tax?
The buyer or seller of real property is typically required to file real estate transfer tax.
How to fill out real estate transfer tax?
To fill out real estate transfer tax, you need to provide information about the property being transferred, the parties involved, and the sale price.
What is the purpose of real estate transfer tax?
The purpose of real estate transfer tax is to generate revenue for the government and to help regulate the real estate market.
What information must be reported on real estate transfer tax?
Information such as property description, sale price, buyer and seller names, and any exemptions or credits claimed must be reported on real estate transfer tax.
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