Real Estate Transfer Fee Common Questions - M

Merger - MC-500 Report Requirements

  1. What are the filing requirements for mergers or conversions with an effective date of July 1, 2016 or after, under state law (sec. 73.14, Wis. Stats.)?

  2. What are the filing requirements for mergers or conversions with an effective date prior to July 1, 2016 under state law (sec. 73.14, Wis. Stats.)?

Mineral Rights

  1. Did the Wisconsin Department of Revenue change its requirement of filing a real estate transfer return and fee on mineral and timber rights?

  2. How is the transfer fee calculated on a mineral lease?

  3. When a lease is recorded and a transfer fee is paid for a mineral lease to extract gravel for a future road project, and the road project goes to another contractor, the lease is terminated and all consideration paid is returned according to the lease terms. Is the transfer fee that was paid with the recording of the lease eligible for a refund?

Mobile Homes

  1. A mobile home on a lot (owned by the mobile home owner), on a foundation (including blocks) and hooked to water, sewer and other utilities is sold. Is the conveyance subject to the transfer fee?

  2. A mobile home on a leased site, on a foundation and hooked to water, sewer and other utilities is sold. Is the conveyance subject to the transfer fee?

Merger - MC-500 Report Requirements

Mineral Rights

Mobile Homes


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) 264-6897
Email additional questions to DORERealEstateTransfer@wisconsin.gov