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A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property.
Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...
In central Ohio, the commission is often 3% of the sales price to each. A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home.
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Handouts to realtors [23] warned that a seller faced with a transfer fee might ask the real estate agent to reduce their commission, referred to as a "commission-ectomy" [24] Publicly, realtors positioned their opposition as a consumer issue, arguing that property owners receive no benefit from private transfer fees paid to a developer. [25] [26]
Cardinal Industries, Inc. was a corporation headquartered in Columbus, Ohio, United States. Established in 1954, it produced manufactured housing , including thousands of apartments in the United States.
Grandview Heights, Ohio. City. ... one of the first suburbs of Columbus, which settled as a community in 1890 and incorporated as the "Hamlet of Marble Cliff" in 1901 ...
Lincoln Village is a neighborhood located on the West Side of Columbus, Ohio and is known for its long history and historical impacts it has had on the surrounding communities. Most of the residential real estate is occupied by a mixture of owners and renters. Residents in this area tend to be older and well committed to this area.