![]() ![]() Certain transfers involving ownership of real estate companies and farms.Sales to or from nonprofit industrial development agencies.Transfers to shareholders or business partners.Changes in ownership between religious organizations.Property transfers among family members.Some real estate transfers are exempt from realty transfer tax, including: ![]() But you will be subject to other closing costs, like title fees and loan fees. Pennsylvania DOES NOT have a mortgage tax or revenue stamps. As the name implies, the PA deed transfer tax only applies on property transfers (i.e., sales), when ownership actually changes. Refinance transactions in PA are NOT subject to the PA deed transfer tax. PA deed transfer tax exclusions and exemptions The buyer and seller customarily split the PA deed transfer tax down the middle the buyer pays 1% and the seller pays 1%.īut this 50/50 arrangement isn't set in stone and can vary depending on the terms of the sale, as stipulated in the sales contract. Who pays the PA deed transfer tax at closing? First-time and low-income buyers may qualify for down payment and/or closing cost assistance.
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