Property Q&A in 01543>Question Details

Ap, Home Seller in 01543

Does the massachusetts stamp tax apply to undeveloped land that is sold?

Asked by Ap, 01543 Fri Oct 15, 2010

My siblings and I inherited our parents home, and 50 acres of undeveloped land. It is all being sold in a single transaction.

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Answers

2
Yes it applies to the sale of all real estate.
0 votes Thank Flag Link Fri Oct 15, 2010
The massachusetts stamp tax applies to all real estate transactions.

Secondly I'd be wary of calling any land parcel undevelopable unless its been deemed to be so by a qualified civil engineer, wet lands botanist, or expert zoning attorney.

I hope this answers your question and best of luck.
Regards,
K. L. Santos
Web Reference: http://www.kevinlsantos.com
0 votes Thank Flag Link Fri Oct 15, 2010
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