Transfer Tax on Real Property in the State of Maine

In Maine, when real property, or even a partial interest in property, is transferred, there is usually transfer tax due, which is paid to the Registry of Deeds at the time the deed is recorded. Some types of transfers are exempt from the tax, as listed in 36 MRS §4641-C.

Otherwise, a declaration of value must be filled out and transfer tax paid at a rate of $4.40 per thousand dollars of value. By law, half of the tax is imposed on the grantor(s) and half on the grantee(s). Preparation of the declaration of value, or transfer tax form, is usually performed by the grantor or the same person preparing the deed.

Maine Revenue Services provides information, forms, and instructions HERE.