Transfer tax
West Virginia charges a state excise tax plus a county excise tax on deeds. It is customarily charged to the grantor, and how it applies to a gift with no consideration is confirmed when we prepare the deed.
West Virginia is the state where the mineral estate most often outweighs the surface, and where a century of inheritance without probate has split those minerals among hundreds of owners. It is also a state that sells delinquent taxes aggressively. Both are workable, and both reward moving early rather than late.
Federal tax rules are the same in every state. These three are set by West Virginia and by the county where the property sits.
West Virginia charges a state excise tax plus a county excise tax on deeds. It is customarily charged to the grantor, and how it applies to a gift with no consideration is confirmed when we prepare the deed.
Coal, oil and gas were severed from the surface across most of this state long ago, and successive intestate estates have divided those interests into very small fractions. Surface-only ownership is ordinary here. Where you hold a fractional mineral interest, it is still an interest in real property and it can be given.
Deeds are recorded with the county clerk for the county where the property sits. You sign before a notary wherever you live, and we handle the filing.
Four situations that recur across the state.
Each links to the full guide for that type, including how a donation compares with selling.
Six West Virginias, and the coalfields are their own economy.
Severed minerals, camp housing, steep land and towns that have lost most of their population.
Ohio valley industrial property and older river town housing.
Marcellus and Utica gas country, with fractional mineral interests in almost every estate.
A commuter market with higher values, farm ground and orchard land.
Mountain acreage, second homes and timbered parcels held by out-of-state families.
River towns, chemical corridor industrial property and rural housing.
West Virginia charges a state excise tax plus a county excise tax on deeds. It is customarily charged to the grantor, and how it applies to a gift with no consideration is confirmed when we prepare the deed.
No. We prepare the deed in the form West Virginia requires for the county where the property sits, you sign before a notary where you live, and we record it with the county clerk.
Sometimes, especially where several small interests can be grouped into one gift and one appraisal. Very small non-producing fractions may not justify the appraisal cost, and we will tell you that rather than letting you spend it and find out.
West Virginia has a state income tax, and how it treats a charitable contribution is set by West Virginia law rather than by us. Your federal deduction follows the usual IRS rules. Take the state question to your own advisor.
Possibly not, and the notice itself tells us. West Virginia moves through tax sale to the auditor on a statutory schedule with redemption rights along the way. Send the notice today. This is the one situation here where a week matters.
We do not provide tax or legal advice. State and local transfer tax rules change; we confirm current requirements when we prepare each deed. Consult your own advisor.
The county and a parcel number are enough to start.