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1. How much is transfer tax when recording a deed?

2% total. 1% to the state, 1% to local municipalities.

2. Do I need a PA Realty Transfer Tax Statement of Value form when recording my deed?

If you are claiming exemption from transfer taxes, yes. If you are paying a different consideration than stated on the front of the deed, yes. Be sure to fill out the entire statement of value form and include any attachments it may call for. This form is sent to the Department of Revenue and investigated. The Statement of Value increases the recording fee by $2. The form can be obtained here.

3. What other documents require a PA Realty Transfer Tax Statement of Value form?

Right-of-way (unless it's for a utility), easement (unless it's for a utility), memorandum of lease, or any other document where a transfer tax is not being paid, or paid in an amount other than stated on the document. If unsure, please contact the office.

4. Do I need to pay transfer tax if transferring a deed to my parents (child, sibling, grandparent)?

No, as long as the deed states “transfer from a father to son, etc” it will be tax exempt. Consult an attorney to make certain the transfer is fully exempt.

5. What is a Common Level Ratio?

A state ratio based on the sales of real estate to adjust fair market values to a more realistic figure. Please contact us for the current common level ratio.