Rule 560-11-2-.17. Real Estate Transfer Tax-Calculation and Collection of Tax

1. (1) After determining that Form PT-61 is properly completed, the clerk or his deputy shall calculate and collect the proper tax due in accordance with O.C.G.A. Sec. 48-6-1 and 48-6-4.

2. (2) Prior to submitting Form PT-61 to the State Revenue Department, the clerk or his deputy shall complete that portion of said form reserved for his use by including the following:

   1. (a) Deed book and page numbers;
   2. (b) Date of recording;
   3. (c) If a new plat is also being filed, the plat book and page numbers;
   4. (d) Any other information required on the most current version of form PT-61;
   5. (e) Signature of clerk or his deputy reviewing the form.
3. (3) In the event that the clerk or his deputy determines that form PT61 is not properly completed, it should be returned to the appropriate party for completion. In such event, the deed or conveyance shall not be eligible for recording until accompanied by a properly completed PT-61.

Authority: O.C.G.A. Secs. 48-2-12; 48-6-1- 48-6-10.

History. Original Rule entitled "Real Estate Transfer Tax Calculation of Tax" was filed on May 25, 1971; effective June 14, 1971.

Amended: Rule repealed and a new Rule entitled "Real Estate Transfer Tax -- Calculation and Collection of Tax" adopted. Filed January 21, 1982; effective February 10, 1982.

Amended: Rule repealed and a new Rule of the same title adopted. Filed February 28, 1983; effective March 20, 1983.

Repealed: New Rule of same title adopted. F. Jun. 9, 1989; eff. Jun. 29, 1989.