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WESTCHESTER COUNTY MUNICIPAL REAL ESTATE TRANSFER TAX RECEIPT MT. VERNONPEEKSKILLYONKERSLOCATIONS OF PROPERTY TRANSFERRED ADDRESS:StreetCityZipSectionBlockLotNAME OF GRANTER(S): NAME OF GRANTEE(S): DATE

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What is real estate transfer tax?

Real estate transfer tax is a tax imposed on the transfer of title or ownership of real estate property from one party to another. It is typically calculated as a percentage of the property's sale price.

Who is required to file real estate transfer tax?

Typically, the seller or the buyer of the property is required to file the real estate transfer tax, depending on the jurisdiction's regulations.

How to fill out real estate transfer tax?

To fill out the real estate transfer tax form, you generally need to provide details such as the property address, parties involved in the transaction, sale price, and any applicable exemptions. It's recommended to check with local tax authorities for specific forms and guidelines.

What is the purpose of real estate transfer tax?

The purpose of real estate transfer tax is to generate revenue for local and state governments, which can be used for public services, infrastructure, and other community needs.

What information must be reported on real estate transfer tax?

Information that must be reported generally includes the names and addresses of the buyer and seller, property description, sale price, date of transfer, and any exemptions that apply.

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