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Major Vermont Taxes
Property Transfer Tax
This is a tax on the transfer of title to real property based on the purchase price paid by the buyer.
Rate: 0.0125 of property value
Exceptions:
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-Principal Residence 0.005 on first $100,000
0.0125 on balance
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-Mortgage obtained through VT Housing Finance Agency
First $110,000 exempt
0.0125 on balance
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-Lands enrolled in State use value appraisal programs
.005 Properties transferred before 7-1-2011
0.0125 Properties transferred on or after 7-1-2011
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