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The Who, What, and When of Paying Real Property Transfer Taxes

October 17, 2023 (1 min read)

When it comes to transfer taxes, states and many municipalities have their own unique requirements, including, who is responsible for payment, what are the applicable tax rates, when tax is imposed, and whether any tax exemptions exist. Check out this practice note to learn about Chicago’s real estate transfer tax. For information on transfer tax of other states and counties, see the Related Content below.

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Related Content

  • Real Property Transfer Taxes (TX)
    Refer to this guidance on Texas real property tax, which includes a link to our State Law Comparison Tool that can generate a comparative report on various states’ transfer tax laws.

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