Transfer & Recordation Taxes

See below for a break down of transfer and recordation taxes for residential purchase transactions.


District of Columbia

Recordation Tax (also known as Transfer Tax) – Calculated using the purchase price.

Transactions $399,999 and under are taxed at the rate of 1.1% of the purchase price. Example: $300,000 x 1.1% = $3,300. So the buyer and seller would each pay $3,300 for a total of $6,600 paid to DC.

Transactions $400,000 and above are taxed at the rate of 1.45% of the purchase price. Example: $500,000 x 1.45% = $7,250. So the buyer and seller would each pay $7,250 for a total of $14,500 paid to DC.

*Special credit applied for DC Tax Abatement


Maryland

State Recordation Tax varies per County (click here for chart).


Virginia

Recordation Tax (also known as Transfer Tax)

Click here for rate calculator.