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pamelaherder90 Joined: 19 May 2007 Posts: 2 1.67 Dollars($)	Posted: Sat May 19, 2007 4:54 pm    Post subject: tax what does "deed tax due" mean on the quitclaim form?
jerry Moderator Joined: 17 Oct 2005 Posts: 551 Location: MICHIGAN 51.74 Dollars($)	Posted: Sun May 20, 2007 10:26 pm    Post subject: RE: deed tax/transfer tax Hi Pamela, Welcome to the forums. "Deed tax due" or transfer tax refers to the tax imposed on the transfer of interest in real property from one individual to another. The tax is required once the deed is executed and delivered and not when it is recorded. Thanks, Jerry.
chesney Guest 0.10 Dollars($)	Posted: Mon May 21, 2007 1:41 pm    Post subject: can I get a quitclaim form that can be used in idaho
miller_st Joined: 17 Jan 2007 Posts: 917 168.82 Dollars($)	Posted: Mon May 21, 2007 1:47 pm    Post subject: Hi Chesney, You can use the quit claim deed form listed on this page: Quit Claim Deed Form, Idaho Miller
sara Joined: 05 Jul 2006 Posts: 1072 Location: New Brunswick, New Jersey 203.30 Dollars($)	Posted: Tue May 22, 2007 4:23 am    Post subject: RE: Basis for deed deed/transfer tax Hi Pamela, The real estate transfer tax is collected whenever there is a transfer of property-interest from one individual to another. The tax is collected at the County recorder's office when you are about to record the deed. You need to complete a Declaration of Value form so that the tax can be calculated at a certain rate which varies from one state/county to another. The basis for the tax is equal to the actual selling price or the estimated market value of the property. Take Care

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