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.
Resources
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.