27
Jun 2018
Philadelphia Transfer Tax to Increase Again!
By admin

Please be aware that Philadelphia has increased its share of the transfer tax to be paid at closing from 3.10% to 3.278% effective July 1, 2018.

Taking into account the additional 1% that is payable to the Commonwealth of Pennsylvania, all deeds submitted for recording on or after July 1, 2018 will be subject to transfer tax at the rate of 4.278%.

A copy of the applicable ordinance is attached.

Any questions, please never hesitate to ask your trusted title insurance providers!!

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign up for our newsletter

We're happy you decided to subscribe to our email list.
Please take a few seconds and fill in the list details in order to subscribe to our list.
You will receive an email to confirm your subscription, just to be sure this is your email address.