HB 2806
Real property sales listing form
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires a sales listing form to be attached to and recorded with every deed transferring real property in West Virginia. The form must include details about the transaction, such as the consideration paid, property address, and tax information. It also mandates that the clerk of the county commission record the form along with the deed, and requires the Tax Commissioner to provide clerks with the necessary forms. This aims to improve the collection of excise tax and provide more information to the assessor and sheriff regarding property ownership and tax obligations.
Key provisions
- Requires a sales listing form to be attached to and recorded with each deed.
- Specifies the information required on the sales listing form, including consideration paid, property address, and tax details.
- Mandates that the clerk of the county commission record the sales listing form with the deed.
- Requires the Tax Commissioner to provide clerks with preprinted sales listing forms.
- Requires the clerk to pay stamp proceeds into the county general fund.
- Requires the clerk to deliver sales listing forms to the Tax Commissioner monthly.
- Allows for a combined form incorporating declaration and sales listing information.
- Directs the assessor and sheriff to provide notice to lienholders and new property owners based on the sales listing form.
Who is affected
- Real property owners
- Real estate agents
- Title companies
- County clerks
- West Virginia Tax Commissioner
Sponsors
Official sponsors from legislative records.
Primary sponsor
Akers
Cosponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours