Escrow & Title
Under Connecticut law, who is responsible for paying the real estate conveyance tax in most residential sales?
ABuyer only
BSeller only✓ Correct
CSplit equally between buyer and seller
DThe real estate broker
Explanation
The Connecticut real estate conveyance tax is a tax on the seller (grantor) for the privilege of transferring title to real property. It is paid at closing by the seller.
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