Escrow & Title
In a Georgia closing, who typically pays the real estate transfer tax (documentary stamp / deed tax)?
AThe buyer
BThe seller✓ Correct
CSplit 50/50
DThe closing attorney
Explanation
In Georgia, the real estate transfer tax is customarily paid by the seller at closing and is calculated at $1.00 per $1,000 of the consideration (sale price), or fraction thereof.
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