Tax Type
Recordation Tax
Description
Deeds; Owner's Future Interest in Tenant's Improvements
Topic
Documents Subject to Tax
Date Issued
02-13-1973
The deed recording tax is applicable to a deed conveying property from a trustee to the trust's beneficiary.
The deed recording tax is applicable to a deed conveying property from a trustee to the trust's beneficiary.
The recording tax on a deed conveying title to property, which issubject to a lease providing that the tenant retains title to any improvements until the lease expires, is based on the value of the land including the value of the owner's future interest in the improvements.
Attorney General's Opinion