In Arkansas, the transfer tax is paid by the buyer at closing. The transfer tax rate is a flat 0.75%. For example, if the sale price of your land is $200,000, the buyer would pay a transfer tax of $1,500.
In Arkansas, the transfer tax is paid by the buyer at closing. The transfer tax rate is a flat 0.75%. For example, if the sale price of your land is $200,000, the buyer would pay a transfer tax of $1,500.