Business / Real Estate / Transfer Tax: A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment, contract for deed or similar instrument. One purpose of the tax is to acquire reliable data on the fair market value of the property to help establish more accurate real property tax assessments.
Tax Noun Synonyms: assess, exact, demand, charge, impose or levy a tax (on), tithe
Tax Adjective Synonyms: levy, impost, duty, tariff, assessment, tribute, toll, excise, customs, charge, contribution, scot, tithe, octroi, cess, rate(s), dues
Transfer Verb Synonyms: move, transport, convey, remove, carry, take, deliver, bring, transmit, cart, haul, shift, hand (on or over), turn over, give, pass (on or along or over)
Business / Finance / Taxable Event: That portion of a deceased person's estate that is subject to transfer tax. MORE
Business / Loan / Transfer Tax Or Charge: This is a government tax or charge that is usually based on a percentage of the property value or loan amount and imposed by state or local law. Many states do not require this charge for a refinance MORE