Revenue

Functions


The Register's Office has important revenue functions, both for the collection of fees for performing the duties of the office and collection of two state-privilege taxes: 
  • Mortgage Tax
  • Realty Transfer Tax


Realty Transfer Tax


Currently, the state Realty Transfer Tax is $0.0037 per $100 of value or consideration.

Mortgage Tax

The rate of the Mortgage Tax is $0.00115 per $100 or major fraction thereof over $2,000 of indebtedness.