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Washington County Transfer Tax Exemption Form

Washington County Transfer Tax Exemption Form

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well good afternoon and welcome to this week's webinar presented by Barris Ford Booth my name is pear oscarson I'm a lawyer in the business and Real Estate Group here at the firm my topic today is what is the Washington real estate excise tax uh we'll cover a few more issues besides what is the tax because if we limit it to just that question this webinar would already be over so first thing uh the real estate excise tax is a transfer tax as opposed to a property tax so it's a tax when you transfer your interest in real estate as opposed to a property tax such as the one that most people are familiar with that's a tax on the ownership of property that's an annual tax the transfer tax the real estate excise tax only applies when you're transferring property and as we'll see there are sometimes when even then it does not apply there's also another uh situation where actually the ownership of the real estate does not

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