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Connecticut Mansion Tax: Here’s what we know

by admin | Jun 11, 2019 | Common Real Estate Questions

With a new state budget, there has been a lot of talk about what will happen for those buying and selling real estate in Connecticut. The biggest change in residential real estate is the new mansion tax. Beginning July 1, 2020, a mansion tax will be applied to...

How much is Conveyance Tax in Connecticut?

by admin | Nov 6, 2018 | Common Real Estate Questions

Selling residential property comes with conveyance tax, or a tax on the transfer of property. This tax is paid by the seller, unless otherwise noted in the purchase agreement. In Connecticut, there is a conveyance tax at both the state and municipal level. Municipal...

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