State Conveyance Tax
The state tax is .75% for residential properties under $800,000. If the property sells for more that $800,000, the seller will pay .75% for the first $800,000 and 1.25% on the portion over $800,000.
Non-residential properties pay 1.25% in the state portion, regardless of price.
Municipal Conveyance Tax
Sellers pay .25% to the municipality. Some communities charge an additional .25%, bringing the total municipal real estate conveyance tax to .50%. These targeted communities are Bloomfield, Bridgeport, Bristol, East Hartford, Groton, Hamden, Hartford, Meriden, Middletown, New Britain, New Haven, New London, Norwalk, Norwich, Southington, Stamford, Waterbury, and Windham.