Navigation Top
AGO Logo Graphic
AGO Header Image
File a Complaint
Contact the AGO
AGO Opinions with Topic: APPLICABILITY TO CREATION OF JOINT TENANCY
AGO 1961 No. 86 >  December 28, 1961
TAXATION - REAL ESTATE EXCISE - APPLICABILITY TO CREATION OF JOINT TENANCY
TAXATION ‑- REAL ESTATE EXCISE ‑- APPLICABILITY TO CREATION OF JOINT TENANCY Where in accordance with a prior agreement an individual transfers separately owned real estate to a grantee by a deed reciting consideration of love and affection and the grantee pursuant to the same agreement then executes a deed setting forth the same consideration and transferring the title back to the grantor and another person as joint tenants the real estate excise tax does not apply.
Content Bottom Graphic
AGO Logo