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NH Real Estate Transfer Tax |
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NH real estate Transfer Tax
Understanding the NH Real Estate Transfer Tax (NH Tax Stamps)
In the State of New Hampshire, buyers and sellers are charged a fee at closing called a NH real estate
transfer tax. It is sometimes referred to as NH tax stamps. This is charged for all NH properties and NH homes sold or transferred in the State of NH. It also applies to land sales and transfers.
 The fee charged by the state of New Hampshire is $15 per $1000 of the sales price (as of 2008).
For example, if the sale price of a NH property was $200,000 the fee charged for the NH real estate transfer tax would be $15 X 200 or $3000. The fee is split equally between the buyer and the seller.
In this example both the buyer and the seller would each pay $1500 to the State of New Hamsphire.
This is collected at closing and paid directly to the state of New Hampshire by the closing company or
attorney handling the closing.
The registry of deeds affixes the stamps to the deed and the deed is recorded.
This provides public evidence that tax was paid on the transfer and the amount
that was paid.
There are some exceptions from the transfer and we would recommend obtaining advice from your NH tax professional.
Some examples of exceptions are:
- Non-contractual transfers.
- Transfers between spouses pursuant to a final decree of divorce or nullity.
- Filing of a deed or other instrument that correct a deed.
- Transfers to the state of NH, or a county, a municipality, or other political subdivision of the state of NH.
- Transfers of cemetery plots.
- Transfers that occur by devise, by intestate succession and descent, or by the death of a joint tenant.
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