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A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property ...
State, county and municipal governments impose real estate transfer taxes, although some regions have 0% transfer taxes. Generally, the purpose of real estate transfer taxes is to generate revenue ...
Royal Oak Township is a charter township in Oakland County in the U.S. state of Michigan.An inner-ring suburb of Detroit, Royal Oak Township borders Detroit to the north, roughly 11 miles (17.7 km) north of downtown Detroit.
In 2002, of the Oakland-Wayne-Macomb tricounty area, Oakland County had 49% of the tri-county area's Asian population. [ 23 ] In terms of age, 25.20% of the county's population was under the age of 18, 7.20% from 18 to 24, 32.40% from 25 to 44, 23.90% from 45 to 64, and 11.30% was 65 years of age or older.
FIPS code. 26-59820 [3] GNIS feature ID. 1626833 [4] Website. Official website. The Charter Township of Oakland is a charter township on the north Oakland County outskirts of Metro Detroit, in the U.S. state of Michigan. It is colloquially referred to as "Oakland Township". The population was 20,067 at the 2020 census.
Real estate transfer taxes have become controversial in some U.S. jurisdictions seeking to increase transfer taxes on higher end property sales to help combat issues like homelessness. 2022's Chicago's Bring Chicago Home initiative, seeks to increase transfer taxes on $1 million transactions by 253% or t o 2.65% or $26,500 per million dollar of ...
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