![]() ![]() In most cases the tax imposed shall not apply to documents or instrument: (1) to secure a debt or obligation (2) to confirm or correct a deed, lease, sublease, assignment, transfer, or conveyance previously recorded or filed (3) to transfer property between husband and wife, reciprocal beneficiaries, or parent and child, in which only a nominal consideration is paid (4) to transfer property for consideration of $ 100 or less (5) to convey real property that is executed pursuant to an agreement of sale (6) to transfer property in which government or government agencies are the only parties thereto (7) to transfer property for delinquent taxes or assessments (8) to convey real property pursuant to the threat of the exercise or the exercise of the power of eminent domain (9) to convey or grant an easement or easements (10) to partition property (11) to transfer property pursuant to a divorce action or termination of reciprocal beneficiary relationship (12) to convey real property from a testamentary trust to a beneficiary under the trust (13) to convey real property from a grantor to the grantor's revocable living trust, or from a grantor's revocable living trust to the grantor as beneficiary of the trust (14) to convey real property, or any interest therein, from an entity that is a party to a merger or consolidation to the surviving or new entity (15) to convey real property, or any interest therein, from a dissolving limited partnership to its corporate general partners or (16) to convey real property that conforms to the transfer on death deed.As vacation rental home occupancy is outperforming hotels across Hawaii, now is a great time to be a Hawaii homeowner! Benefits of investing in Hawaii real estate include generating income, home appreciation, and having your own personal getaway. The tax is paid by the person conveying realty, or any interest therein. The conveyance tax is based on the actual and full consideration whether cash or otherwise paid or to be paid on the realty or interest therein, and includes any liens or encumbrances at the time of sale, lease, sublease, assignment, transfer, or conveyance. ![]() The state conveyance tax rate on all transfers or conveyances of realty or interest in realty through deeds, leases, agreements of sale, instruments, writings, and other documents of at least $100 is $0.10 for each $100 for a property with a value of less than $600,000 $0.20 for each $100 for a property with a value of at least $600,000, but less than $1,000,000 $0.30 for each $100 for a property with a value of at least $1,000,000 but less than $2,000,000 $0.50 for each $100 for a property with a value of at least $2,000,000 but less than $4,000,000 $0.70 for each $100 for a property with a value of at least $4,000,000 but less than $6,000,000 $0.90 for each $100 for a property with a value of at least $6,000,000 but less than $10,000,000 and $1.00 per $100 for a property with a value of $10,000,000 or greater.įor the sale of a condominium or single family residence for which the purchaser is ineligible for a county homeowner's exemption on property tax, provided that the tax imposed for each transaction is at least $1.00, the tax rate is $0.15 for each $100 for a property with a value of less than $600,000 $0.25 for each $100 for a property with a value of at least $600,000, but less than $1,000,000 $0.40 for each $100 for a property with a value of at least $1,000,000 but less than $2,000,000 $0.60 for each $100 for a property with a value of at least $2,000,000 but less than $4,000.000 $0.85 per $100 for a property with a value of at least $4,000,000 but less than $6,000,000 $1.10 per $100 for a property with a value of at least $6,000,000 but less than $10,000,000 $1.25 per $100 for properties with a value of $10,000,000 or greater.
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