What is the Tennessee recordation tax?

Tennessee imposes a recordation tax on all transfers of real property, with certain exceptions, for the privilege of having the instrument that evidences the transfer (e.g., deed, decree, etc.) recorded.  The tax is based on the consideration for the transfer or the value of the property transferred, whichever is higher, and is 37 cents for every $100.  The person who receives the property is responsible for paying the tax to the county register.

Tennessee also imposes a recordation tax on the recordation of any instrument of indebtedness (e.g., mortgage, deed of trust, lien on personalty (other than motor vehicles), etc.), with certain exceptions.  This tax is 11.5 cents for every $100 of the indebtedness, but does not apply to the first $2,000 of the debt.  The tax is paid by the debtor to the county register or the Tennessee Secretary of State.

For more information on Tennessee’s recordation taxes, see Tenn. Code Ann. § 67-4-409.

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