sussex county: Delaware Property Transfer Tax Exemption - (Kent and Sussex Counties)
- 12/03/09 11:26 AM
Delaware Property Transfer Tax Exemption - (Kent and Sussex Counties) ATTENTION: Delaware First Time Home Buyers Many Delaware municipalities and counties have enacted the 1½ percent tax, so generally the Delaware property transfer tax is a total of 3% (1½ percent to the State and 1½ percent to the county or municipality). This amount is split between the buyer and seller of real estate, unless the parties agree otherwise. The State offers NO Property Transfer Tax Exemption; however, if you are a first time home buyer (FTHB) - have never previously owned property anywhere, you may qualify for an exemption of .75% of Kent (2 comments)