Frequently asked questions — Greenwich conveyance tax
- Who pays conveyance tax in Connecticut?
- The seller pays Connecticut real estate conveyance tax at closing. It includes a state portion and a municipal portion that varies by town.
- What is the Connecticut conveyance tax rate by town?
- State rates are 0.75% on the first $800,000 (residential) plus 1.25% above. Municipal rates are typically 0.25% or 0.50%; Stamford uses a tiered structure.
- How is CT transfer tax calculated on a home sale?
- Add the state conveyance tax and municipal conveyance tax based on the sale price, property type, and the town where the property is located.