DRS: Ruling 89-125, Real Estate Conveyance Tax

 

STATE OF CONNECTICUT
DEPARTMENT OF REVENUE SERVICES

450 Columbus Blvd
Hartford CT 06103
 
 
 
 
 
 

 
 

Ruling 89-125

Real Estate Conveyance Tax


Where the court, at the time of entering a decree dissolving a marriage, has ordered the sale of real property, the net proceeds to be equally divided by the husband and wife, a conveyance by the husband and wife to the purchaser is a "conveyance of an interest in real property pursuant to a decree of the superior court under section 46b-81"; Conn. Gen. Stat. 12-498(a)(9).

Where the court, at the time of entering a decree dissolving a marriage, has ordered the sale of real property, the net proceeds to be equally divided by the husband and wife, a quitclaim by the wife to the husband is not a "conveyance of an interest in real property pursuant to a decree of the superior court under section 46-81"; Conn. Gen. Stat. 12-498(a)(9), even if made in consideration of the payment to the wife of her interest in the property. If the decree were modified so that it assigned the real property to the husband and assigned the purchase money to the wife, the quitclaim would be a "conveyance of interest in real property pursuant to a decree of the superior court under section 46b-81"; Conn. Gen. Stat. 12-498(a)(9).

LEGAL DIVISION

September 27, 1989