How To Request A Refund On Your Grantor’s Tax

Governor Timothy M. Kaine signed House Bill 1578 which establishes procedures to return taxes and fees collected by the Northern Virginia Transportation Authority (NVTA). The Clerks of the Circuit Courts will work with settlement agents to return the congestion relief fee (real estate grantor’s tax) to the affected settlement agents within 60 days. The settlement agent will in turn refund the individuals or entities that paid the congestion relief fee. The Clerks will jointly develop uniform guidelines for the return of the fee within 60 days.

Sellers who sold their property (settled) on or after January 1, 2008 and paid the higher tax rate should call their settlement agent or the NVTA at 703-766-4650 for additional information. Additional information on the return of taxes and fees collected can be found at www.hb3202.virginia.gov and www.thenovaauthority.org.

(via Dulles Area Association of Realtors®)

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