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Does Georgia have a transfer tax?

The State of Georgia Transfer Tax is imposed at the rate of $1.00 per thousand (plus $0.10 / hundred) based upon the value of the property conveyed. Example: A property selling for $550,000.00 would incur a $550.00 State of Georgia Transfer Tax.

How do I file a quit claim deed in Georgia?

How to Write and File a Quitclaim Deed in Georgia Step 1 \u2013 Obtain the Georgia Quitclaim Deed Form. ... Step 2 \u2013 Fill out Form Details. ... Step 3 \u2013 Write Deed Delivery Name and Address. ... Step 4 \u2013 Enter Preparer's Name and Address. ... Step 5 \u2013 Get Signatures and Have Deed Notarized. ... Step 6 \u2013 Pay Real Estate Transfer Tax.

How do I do a quit claim deed?

How to File a Quitclaim Deed Obtain a quitclaim deed form. Your very first step is obtaining your quitclaim deed. ... Fill out the quitclaim deed form. ... Get the quitclaim deed notarized. ... Take the quitclaim deed to the County Recorder's Office. ... File the appropriate paperwork.

How much does it cost to transfer a deed in Georgia?

The real estate transfer tax is based upon the property's sale price at the rate of $1 for the first $1,000 or fractional part of $1,000 and at the rate of 10 cents for each additional $100 or fractional part of $100.

Who pays the transfer tax in Georgia?

The seller is liable for the real estate transfer tax, though frequently the parties agree in the sales contract that the buyer will pay the tax. O.C.G.A. 48-6-1.

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