Opinion Number
12311974
Tax Type
Recordation Tax
Description
Construction Contract.
Topic
Rate of Tax
Date Issued
12-31-1974

A construction contract which provides for the construction of certain improvements on a lot with an agreement forpayment during various stages of the construction is subject to a recording tax of 15 cents per $100 (or fraction thereof) of the amount of the contract.



Attorney General's Opinion

Last Updated 08/25/2014 16:42