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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 ...
Real estate transfer tax can be appointed by the authorities of state, county or commune when a real estate property is being transferred within a certain jurisdiction. Subjected to the tax is usually the act of transfer of legal deeds, certificates and titles to a property that are being shifted between the seller and the buyer.
The website displays the case information entered into the Consolidated Court Automation Programs (CCAP) case management system by court staff in the counties where the case files are located. The court record summaries provided by the system are all public records under Wisconsin open records law sections 19.31-19.39 of the Wisconsin Statutes.
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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]
The Wisconsin Supreme Court is the highest and final court of appeals in the state judicial system of the U.S. state of Wisconsin.In addition to hearing appeals of lower Wisconsin court decisions, the Wisconsin Supreme Court also has the option to take original jurisdiction of cases, and serves as a regulator and administrator of judicial conduct and the practice of law in Wisconsin.