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What is state mortgage tax?

Julian Turner | 2023-05-07 23:45:05 | page views：1848
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Penelope Wilson

Works at the Environmental Action Group, Lives in Amsterdam, Netherlands.
Whenever you obtain a mortgage, state and local governments enforce a mortgage recording tax to document the loan transaction. This fee is separate from mortgage interest and other annual property taxes. Since it is state-imposed, the mortgage recording tax must be paid to the government when you register a mortgage.
2023-05-08 23:45:05
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Mia Cooper

QuesHub.com delivers expert answers and knowledge to you.
Whenever you obtain a mortgage, state and local governments enforce a mortgage recording tax to document the loan transaction. This fee is separate from mortgage interest and other annual property taxes. Since it is state-imposed, the mortgage recording tax must be paid to the government when you register a mortgage.
What is a Mortgage Tax? | SmartAsset
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