Real Property Conveyance Fee

Ohio

2021

The state-mandated conveyance fee is collected by the county on the value of the real property transferred in excess of $1,000 at a rate of $0.10 for each $100 (or fraction thereof). A nominal fee of $1 is imposed on property valued between $100 and $1,000.

Counties are authorized to levy at local option by resolution a real property transfer tax on deeds at a rate not to exceed $0.30 for each $100 (or fraction thereof) of value of real property or interest in real property.

The county transfer tax is computed upon the full consideration paid or to be paid for the real estate described in the deed, including the amount of any liens thereon; and, in the case of a gift in whole or part, is computed upon the estimated open market price of the real estate described in the deed.

The board of county commissioners may prescribe a lower real property transfer tax rate on any deed conveying a property that receives a homestead exemption, including a permanently and totally disabled person, or by a person who is 65 years of age or older, or by a person who is their surviving spouse at least 59 but not 65 or more years of age when spouse died.

Prior to collection of basic recording fees, besides receipt of the tax imposed by the state-mandated conveyance fee and any optional county transfer tax, the county auditor must charge and receive a $0.50 parcel fee for each transfer of land or lot.

Exempt are transfers to or from the United States, the state, or any instrumentality, agency, or political subdivision of the United States or this state; transfers solely in order to provide or release security for a debt or obligation; some confirmation or corrections of deed; gifts between husband and wife, or parent and child, or the spouse of either; certain mobile or manufactured home transfers; certain corporate transfers or reorganizations; transfers pursuant to court order; leases; sales for delinquent taxes or assessments; transfers to or from a person when no money or other valuable is paid; transfers to a grantee solely for the purpose of, and as a step in, the prompt sale of the real property or manufactured or mobile home to others; transfers to a trustee acting on behalf of minor children of the deceased; certain transfers of easements or right-of-ways; some transfers of trusts; and some transfers to a corporation for incorporation into a sports facility.

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