Tax Type
Recordation Tax
Description
Deed Conveying Property From Tenants In Common to Limited Partnership.
Topic
Documents Subject to Tax
Date Issued
06-15-1972
The recording tax applies to a deed conveying property from tenants in common to a limited partnership. Although the limited partners are the tenants in common, the deed is not exempt as a deed of partition. The deed does not divide the land, but rather conveys it to a separate legal entity.
Attorney General's Opinion