Real Estate Transfer Fee Common Questions - F

Farmland

  1. Can "Farmland Use Value" be used for Total Value of Real Estate when agricultural property is being conveyed?

Federal Revenue Stamp

  1. If a deed has the Federal Revenue Stamps on it, how do you calculate the price paid for the property from these stamps?

Fees

  1. Is the Wisconsin Department of Revenue (DOR) responsible for paying fees to the Register of Deeds when requesting copies of documents?

Financing

  1. I am selling my house and am giving back a "second mortgage" which may or may not be forgiven. How do I fill out the transfer form for "Grantees Financing?"

Foreclosures

  1. Is a deed from a vendee back to a vendor made under foreclosure or in lieu of foreclosure exempt under Exemption 14?

  2. Four people (two couples) purchased real estate. All four were named grantees on the deed. Couple A provided the purchase price and made an agreement with Couple B to contribute. Couple B cannot pay and will quit claim to Couple A. Is this transaction exempt from fee as a deed in lieu of foreclosure?

Farmland

Federal Revenue Stamp

Fees

Financing

Foreclosures


Certification statement


FOR QUESTIONS OR COMMENTS CONTACT:

MS 6-97
WISCONSIN DEPARTMENT OF REVENUE
Local Government Services Bureau
PO Box 8971
Madison, WI 53708-8971
Phone: (608) 264-6885 or (608) 266-1594
Fax: (608) 264-6887
Email additional questions to DORERealEstateTransfer@wisconsin.gov