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New: Real Estate Recordation Tax (2 replies)

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Regional Congestion Relief Fee

House Bill 2313 imposes a regional congestion relief fee on the recording of any deed or instrument conveying real property that is situated in a locality included in the Northern Virginia Transportation Authority when the consideration or value of the interest in such property, whichever is greater, equals or exceeds $100.

The fee, which is to be paid by the seller (grantor), is imposed on the consideration or value in addition to any other required recordation taxes and fees at the rate of $0.15 per $100 or fraction thereof.

Affected localities are the Cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park, and the Counties of Arlington, Fairfax, Loudoun, and Prince William.

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