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March 2018

Found 1 blog entry for March 2018.

If you've ever bought a home in Delaware, you're obviously well aware of a special little First State tax that gets charged whenever real estate changes hands here. But the funny thing about that tax is that most people have no idea what it is, where the money goes and what exactly it's used for.

Well, read this blog entry through to the end and we promise you'll have a much better idea of what this tax is. It won't keep you from having to pay it, of course, but at least you'll know where your money's going when you sign on the dotted line at the settlement table.

Okay, let's start our discussion off today by defining what a Delaware Real Estate Transfer Tax actually is. As defined in Title 30, Chapter 54 of the Delaware Code, a realty transfer

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