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Amount of Consideration is: $___________________________________
If Consideration is $350,000 or less , and no exemptions apply , use the following:
$2.00 per $500 (or part thereof) of consideration through $150,000, plus
$3.35 per $500 (or part thereof) of consideration over $150,000 up to $200,000, plus
$3.90 per $500 (or part thereof) of consideration over $200,000 up to $350,000.
Calculate number of times $500 goes into the Amount of Consideration at each tier.
$2.00 X ____________ (up to max of 300) = $_________________ (up to a max of $600)
$3.35 X ____________ (up to max of 100) = $_________________ (up to a max of $335)
$3.90 X ____________ = $_________________
Total: $_________________
If Consideration is greater than $350,000 , and no exemptions apply , use the following:
$2.90 per $500 (or part thereof) of consideration through $150,000, plus
$4.25 per $500 (or part thereof) of consideration over $150,000 up to $200,000, plus
$4.80 per $500 (or part thereof) of consideration over $200,000 up to $550,000, plus
$5.30 per $500 (or part thereof) of consideration over $550,000 up to $850,000, plus
$5.80 per $500 (or part thereof) of consideration over $850,000 up to $1,000,000, plus
$6.05 per $500 (or part thereof) of consideration over $1,000,000.
Calculate number of times $500 goes into the Amount of Consideration at each tier.
$2.90 X ____________ (up to max of 300) = $_________________ (up to a max of $870)
$4.25 X ____________ (up to max of 100) = $_________________ (up to a max of $425)
$4.80 X ____________ (up to max of 700) = $_________________ (up to a max of $3,360)
$5.30 X ____________ (up to max of 600) = $_________________ (up to a max of $3,180)
$5.80 X ____________ (up to max of 300) = $_________________ (up to a max of $1,740)
$6.05 X ____________ = $_________________
Total: $_________________
If SENIOR CITIZEN (62 or older; if husband and wife, only one grantor need qualify), BLIND/DISABLED or LOW/MODERATE INCOME HOUSING , and premises is a one- or two-family residence, a partial exemption applies.
If Consideration is $350,000 or less , and a partial exemption is claimed, use the following:
$0.50 per $500 (or part thereof) of consideration through $150,000, plus
$1.25 per $500 (or part thereof) of consideration over $150,000 up to $350,000.
Calculate number of times $500 goes into the Amount of Consideration at each tier.
$0.50 X ____________ (up to max of 300) = $_________________ (up to a max of $150)
$1.25 X ____________ = $_________________
Total: $_________________
If Consideration is greater than $350,000 , and a partial exemption is claimed, use the following:
$1.40 per $500 (or part thereof) of consideration through $150,000, plus
$2.15 per $500 (or part thereof) of consideration over $150,000 up to $550,000, plus
$2.65 per $500 (or part thereof) of consideration over $550,000 up to $850,000, plus
$3.15 per $500 (or part thereof) of consideration over $850,000 up to $1,000,000, plus
$3.40 per $500 (or part thereof) of consideration over $1,000,000.
Calculate number of times $500 goes into the Amount of Consideration at each tier.
$1.40 X ____________ (up to max of 300) = $_________________ (up to a max of $420)
$2.15 X ____________ (up to max of 800) = $_________________ (up to a max of $1,720)
$2.65 X ____________ (up to max of 600) = $_________________ (up to a max of $1,590)
$3.15 X ____________ (up to max of 300) = $_________________ (up to a max of $945)
$3.40 X ____________ = $_________________
Total: $_________________
Note: Under the new rate structure, there is no exemption for new construction, however, an Affidavit of Consideration/Exemption must nevertheless be filed to comply with the statute, rather than to claim any sort of exemption. |