Category: Tax

Paying the Government Transfer Taxes

Paying the Government Transfer Taxes Goverment transfer taxes play a pivotal role in the real estate transaction. For homeowners who have listed their property for sale and are awaiting offers, understanding the importance of government transfer taxes is essential. In this chapter, we will explore the significance of government transfer taxes in a real estate sales contract, particularly […]

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Real Estate Tax Proration

Real Estate Tax Prorations Assign Taxes to Sellers and Buyers Understand the significance of real estate tax prorations in a luxury home sales contract. Real estate taxes are a significant expense that is equitably prorated between the seller and buyer.   Selling your home is a complex process that involves various legal and financial considerations. Among these […]

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