Legal Question in Real Estate Law in Virginia

is there a recording or transfer tax exemption in Virginia when I am transferring property out of my living trust to myself?


Asked on 11/03/14, 6:58 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Having reviewed Va Code 58.1-811 with its exemptions listed in

A.12 and B 6 D, I would have to conclude that no recordation tax should

apply to this kind of transfer since the grantor and the grantee are essentially the same and no consideration passes from one to the

other in such a transfer.

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Answered on 11/06/14, 9:03 am


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