Virginia real estate transfer tax
Virginia's transfer tax is 0.25%, customarily split-paid. Here's how it works, what it costs at common price points, and the statute behind it.
Virginia splits its transfer taxes: the SELLER pays the state grantor tax of $0.50 per $500 (0.10%) plus a regional WMATA tax in Northern Virginia/Hampton Roads, while the BUYER pays the state recordation tax of $2.50 per $1,000 (0.25%) plus a local recordation tax (typically 1/3 of the state amount). Combined, the buyer's and seller's transfer costs each land near 0.2%–0.35%.
What it costs at common prices
| Sale price | State transfer tax |
|---|---|
| $200,000 | $500 |
| $400,000 | $1,000 |
| $600,000 | $1,500 |
| $800,000 | $2,000 |
State-level only; county and city taxes may add to these figures.
Look up your transfer tax
Estimated transfer tax
$2,800
Rate: 0.7% · Customarily seller-paid
- Who customarily pays
- seller
- Statute
- Fla. Stat. § 201.02
Florida levies documentary stamp tax on the deed at $0.70 per $100 of price (0.70%) in every county except Miami-Dade. Miami-Dade charges $0.60 per $100 (0.60%) plus a $0.45/$100 surtax on non-single-family transfers. By custom the seller pays the deed stamps; the buyer pays the separate doc-stamp + intangible tax on the mortgage.
Frequently asked questions
What is the real estate transfer tax in Virginia?
Virginia's transfer tax is 0.25% of the sale price, customarily split-paid. Virginia splits its transfer taxes: the SELLER pays the state grantor tax of $0.50 per $500 (0.10%) plus a regional WMATA tax in Northern Virginia/Hampton Roads, while the BUYER pays the state recordation tax of $2.50 per $1,000 (0.25%) plus a local recordation tax (typically 1/3 of the state amount). Combined, the buyer's and seller's transfer costs each land near 0.2%–0.35%.
Who pays the transfer tax in Virginia?
In Virginia the transfer tax is customarily split-paid, though it's negotiable in the purchase contract.
How is Virginia's transfer tax calculated?
Multiply the sale price by 0.25%. For example, on a $400,000 home that's about $1,000. Virginia splits its transfer taxes: the SELLER pays the state grantor tax of $0.50 per $500 (0.10%) plus a regional WMATA tax in Northern Virginia/Hampton Roads, while the BUYER pays the state recordation tax of $2.50 per $1,000 (0.25%) plus a local recordation tax (typically 1/3 of the state amount). Combined, the buyer's and seller's transfer costs each land near 0.2%–0.35%.