Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

• No statutes or acts will be found at this website.

The Pennsylvania Bulletin website includes the following: Rulemakings by State agencies; Proposed Rulemakings by State agencies; State agency notices; the Governor’s Proclamations and Executive Orders; Actions by the General Assembly; and Statewide and local court rules.

PA Bulletin, Doc. No. 97-1995

NOTICES

Realty Transfer Tax; Revised 1996 Common Level Ratio; Real Estate Valuation Factors

[27 Pa.B. 6526]

   The following real estate valuation factors are based on sales data compiled by the State Tax Equalization Board in 1996. These factors are the mathematical reciprocals of the actual common level ratio. For Pennsylvania Realty Transfer Tax purposes, these factors are applicable for documents accepted from January 1, 1998 to June 30, 1998. The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument (62 Pa. Code § 91.102).

CountyAdjusted
Common Level
Ratio Factor
Chester 1.00 *
Clarion 4.04 *
Indiana 5.79 *
Lycoming 1.00 **
McKean 4.00 **
Montgomery 1.00 **
Somerset 2.00 **
York 1.00 **

* Adjusted by the Department of Revenue to reflect assessment ratio change effective January 1, 1998.

** Adjusted by the Department of Revenue to reflect assessment base change effective January 1, 1998.

ROBERT A. JUDGE, Sr.   
Secretary

[Pa.B. Doc. No. 97-1995. Filed for public inspection December 12, 1997, 9:00 a.m.]


No part of the information on this site may be reproduced for profit or sold for profit.

This material has been drawn directly from the official Pennsylvania Bulletin full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.