REALTY TRANSFER TAX INCREASED 33%
Delaware now has the highest realty transfer tax in the nation.
Let your state legislators know exactly how this drastic increase from 3% to 4% could affect your business, your clients and customers, and your community!
It’s time for Delaware Realtors® to speak out!
Click here for a list of state Representatives and Senators showing how they voted on the realty transfer tax hike. (Click HERE to find your legislator.) On that list, each legislator’s name is linked to their email. Click on your legislator’s name, and an email will pop up addressed to them.
- If your legislator(s) voted for the tax increase, use this email to tell them your concerns, particularly what the tax will mean to first-time homebuyers and those with lower incomes.
- If your legislator(s) voted against raising the tax, please take a moment to email them to say thank you!
The Delaware Association of Realtors® has been fighting this increase since March, offering solutions to the budget shortfall that would not impact the real estate industry. We will continue to fight on your behalf, and we need you with us!
Please contact your state legislators today!
HOUSE BILL 240 DEFEATED! YOUR VOICES WERE HEARD!
CONGRATULATIONS DELAWARE REALTORS®
The bill that slashed the mortgage interest (MID), property tax, and all other itemized deductions, was defeated in the Delaware House of Representatives at 1:30 a.m. on July 1t! The bill went down with a 24-17 vote. You can check out the vote count HERE.