Transfer tax
Colorado charges a small state documentary fee, generally a penny per $100 of consideration over $500, and a Real Property Transfer Declaration goes with most deeds.
Real Estate with Causes accepts donated real estate anywhere in Colorado Springs: houses, condos, land and commercial buildings. A Colorado Springs real estate donation follows Colorado’s deed, transfer tax and recording rules, which we handle. We prepare the deed and record it with the El Paso County recorder.
Federal tax rules are the same in every state. These three things are set by Colorado and El Paso County.
Colorado charges a small state documentary fee, generally a penny per $100 of consideration over $500, and a Real Property Transfer Declaration goes with most deeds.
We prepare the deed in the form customary in Colorado for a gift, so you are not warranting more than you should.
Deeds are recorded with the El Paso County recorder for El Paso County. You sign before a notary wherever you live, and we handle the filing.
The property types Colorado Springs donors bring us most often. Each links to the full guide for that type, including how it compares to selling.
Colorado charges a small state documentary fee, generally a penny per $100 of consideration over $500, and a Real Property Transfer Declaration goes with most deeds.
No. We prepare the deed in the form Colorado requires for El Paso County, you sign before a notary where you live, and we record it with the El Paso County recorder.
Colorado has a state income tax, and whether and how it follows the federal charitable deduction is set by Colorado law. Your advisor can confirm how it applies to you.
Reviewed, not refused. What matters is whether the taxes owed are well below what the property can sell for. Delinquent taxes are a lien, so they are handled before or at transfer, and where Colorado or El Paso County rules require payment first we plan around that with you.
Often, within the authority the will and the Colorado probate court give the personal representative. If the property passed outside probate, the heirs on title sign together. Tell us where the estate stands and we will tell you who needs to sign.
We do not provide tax or legal advice. State transfer tax rules change; we confirm current requirements when we prepare each deed. Consult your own advisor.
The address or a parcel number is enough to start.