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.

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1. How much is transfer tax when recording a deed?
2. Do I need a PA Realty Transfer Tax Statement of Value form when recording my deed?
3. What other documents require a PA Realty Transfer Tax Statement of Value form?
4. Do I need to pay transfer tax if transferring a deed to my parents (child, sibling, grandparent)?
5. What is a Common Level Ratio?