Real Estate Transfer Tax

The amount of tax is $3 per $1,000. Date of closing and forwarding address is required at time of purchase. Please be advised that stamps will not be issued if there are any delinquent charges for water service, outstanding fines or fees, or other debts owed to the village.

Certain transactions will be considered exempt and are listed on the tax form. An exempt stamp will be issued upon verification that all debts owed the village are paid.

Transfer Stamps
Transfer stamps will be processed at Village Hall, Monday from 8 a.m. to 6:30 p.m. and Tuesday through Friday from 8 a.m. to 4:30 p.m.. If possible, a copy of the transfer declaration or deed should be provided at the time of purchase. If not possible, it must be provided within 10 days of closing.

Real Estate Transfer Tax Declaration
The Real Estate Transfer Tax Declaration Form should be signed by at least one of the sellers or guarantors, or by their attorney, agent, or broker. The form and fees must be submitted by mail and when approved, will be returned by mail if requested. The name of a contact for questions and a self-addressed, stamped enveloped should be included with the Declaration Form. Please allow up to five business days for processing.

Contact Information
All questions regarding this ordinance or its administration should be referred to the Department of Finance and General Services at 847-459-2500.