Section Tax 15.05 - Exemption from feeConveyance of real property pursuant to any of the exemptions listed in s. 77.25, Stats., are not subject to the payment of real estate transfer fee except that returns are required at the time of recording.
(1) Conveyances from the United States, its agencies or instrumentalities are not subject to the fee imposed under s. 77.22(1), Stats.(2) Conveyances from the state, its instrumentalities, agencies and subdivisions are not subject to the fee imposed under s. 77.22(1), Stats.(3) A certificate of termination issued by the county court upon petition by interested persons in the realty upon the death of a person holding a life estate in real property or upon the death of a person who is a joint tenant in real property would be a conveyance as defined in s. 77.21(1), Stats., since it transfers an interest in real estate. This conveyance is exempt from the real estate transfer fee by virtue of s. 77.25(11), Stats., as a conveyance by descent or survivorship.(4) Conveyances between husband and wife pursuant to a divorce decree are not subject to the fee but a return must be submitted. The value of property transferred shall be stated on the real estate transfer return.(6) Conveyances of cemetery lots, as distinct from land conveyed for use as a cemetery, are not subject to s. 77.22(1), Stats.Wis. Admin. Code Department of Revenue Tax 15.05
Cr. Register, December, 1981, No. 312, eff. 1-1-82; CR 13-037: r. (5) Register February 2014 No. 698, eff. 3-1-14. This section interprets s. 77.25, Stats.