This is a kind of tax that is related to the city, county or state’s tax that is issued whenever there is any change of ownership in a property. The transfer tax is usually a percentage of the sale price or based on the value of the property that is bought or sold.
Read more: What Documents Do I Need to Sell My House?
Zach Child is a recent graduate from the University of Washington with an interest in digital marketing strategy. At Sundae, Zach is part of the team that distributes editorial content across social channels and is responsible for the creation of visual content that helps grow Sundae’s brand.