Use this button to switch between dark and light mode.

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.

Read now »

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.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

  • Market intelligence for Real Estate attorneys is more important now than ever as the commercial real estate landscape evolves, and landlord, tenant, and lender relationships shift dramatically. The new edition of the Practical Guidance Journal features an in-depth look at this evolution and strategies for adapting to the new normal.
  • Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content. 
  • Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
  • Check out our Practical Guidance Author Center! Learn about the 1750+ leading attorney authors contributing to our 26 practice areas, and find out how you can Become a Practical Guidance Author. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.


Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+