Who Pays for Real Estate Transfer Stamps in YOUR County?
Competent real estate practitioners should know this answer
2 Answers By Expert Tutors
J. Thomas F.
Ret'd college instructor, Accounting Principles and Business Law
In Michigan, the seller pays the transfer tax, but it is lawful to shift that to the purchaser.
USC Law Grad, Legal and History Tutor
This would depend on where one lives. For example, residents of Chicago, Illinois which is located within Cook County Illinois the seller will pay the total cost for the real estate transfer stamps.
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