For a home sale of $2,000 or more, Connecticut state real estate conveyance tax is 0.75% of the price up to $800,000, 1.25% of the part from $800,000 to $2.5 million, and 2.25% of any part above $2.5 million. Every town also has a 0.25% municipal conveyance tax; eligible towns may add up to another 0.25%. For taxable sales, the seller owes the tax by law, and it is paid when the deed is recorded. Some transfers are exempt, including certain sales of a seller's home for less than what is owed on its mortgages and property taxes; the closing attorney confirms the amount that applies. When you sell to us, we pay the closing costs, including the Connecticut state and municipal real estate conveyance taxes. This does not pay your mortgage, liens, back taxes, or your share of current property taxes.