Escrow & Title
In Louisiana, the transfer tax on the sale of immovable property is called:
ACapital gains tax
BDocumentary transfer tax (or conveyance tax)✓ Correct
CDeed recordation tax
DParish revenue stamp
Explanation
Louisiana imposes a documentary transfer tax (conveyance tax) on the transfer of immovable property, assessed as a percentage of the consideration paid. The specific rate and payment responsibility may vary by parish.
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