Real Estate Transfer Tax Info
The Real Estate Transfer Tax is a tax on the transfer, sale or granting of real property or an interest in real property. The tax is $.75 per $100 of the price of consideration or the transfer. The tax is assessed on both the buyer and the seller, with a minimum charge of $20 each. The Form CD-57 is filed with the NH Department of Revenue Administration, but the tax is paid at the Registry of Deeds Office in the County where the property is located.
The Form CD-57-HC for Real Estate Holding Companies is both filed and paid directly to the NH Dept. of Revenue Administration.
NH DRA website for further information about the Real Estate Transfer Tax: http://www.revenue.nh.gov/faq/real-estate-transfer.htm
NH DRA website to access the following forms: http://www.revenue.nh.gov/forms/real-estate.htm
An original Form PA-34, Inventory of Property Transfer (aka Real Estate Transfer Questionnaire) , must be filed with the Department within 30 days from the recording of the deed. A copy of the PA-34 must also be filed with the local assessing officials of the municipality where the property is located.