Escrow & Title
Georgia's transfer tax (real estate transfer tax) is calculated at a rate of:
A$1.00 per $500 of the sale price (or fraction thereof)✓ Correct
B$1.00 per $1,000 of the sale price
C0.5% of the total sale price
DA flat $500 per transaction
Explanation
Georgia imposes a real estate transfer tax of $1.00 per $500 (or fraction thereof) of the consideration paid, as recorded in the deed. This equals $2.00 per $1,000 of purchase price.
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