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AGO Opinions with Topic: EXCHANGE OF DEEDS BY TENANTS IN COMMON
AGO 1951 No. 98 >  July 30, 1951
TAXATION - REAL ESTATE SALES TAX - EXCHANGE OF DEEDS BY TENANTS IN COMMON
TAXATION ‑- REAL ESTATE SALES TAX ‑- EXCHANGE OF DEEDS BY TENANTS IN COMMON

1. Deeds by which tenants in common partition the land in accordance with their respective undivided interests are transactions subject to the Real Estate Sales Tax.2. Deeds by which heirs to an undivided interest in real property partition the same in accordance with such undivided interest for the purpose of having such division embodied in a decree of distribution constitute transactions subject to the Real Estate Sales Tax.

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