Tax Type
Recordation Tax
Description
Wilderness and Open Space Areas
Topic
Exemptions
Date Issued
03-19-1973
Section 58-64.1, added by Ch. 336, Laws 1973, exempts from State and local recordation taxes any gift or lease of real property to The Nature Conservancy or an agency of the United States for the purpose of preserving wilderness, natural or open space areas. A deed of gift to The Nature Conservancy recorded after the March 15, 1973 effective date of the provisions is exempt from all recordation taxes.
Attorney General's Opinion