Form RTT-BPA State of Delaware Realty Transfer Tax Declaration for Building Permit - Delaware

What Is Form RTT-BPA?

This is a legal form that was released by the Delaware Department of Finance - Division of Revenue - a government authority operating within Delaware. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is RTT-BPA?
A: RTT-BPA stands for Realty Transfer Tax Declaration for Building Permit.

Q: What is the purpose of RTT-BPA?
A: The purpose of RTT-BPA is to declare the value of the property being transferred and to calculate the applicable realty transfer tax.

Q: Who needs to fill out the RTT-BPA?
A: Anyone who applies for a building permit in Delaware needs to fill out the RTT-BPA.

Q: What information is required in the RTT-BPA?
A: The RTT-BPA requires information about the property being transferred, the parties involved in the transfer, and the value of the property.

Q: Are there any exemptions or deductions available for realty transfer tax in Delaware?
A: Yes, there are certain exemptions and deductions available. You should consult the Delaware Department of Finance or a tax professional for more information.

Q: How do I submit the completed RTT-BPA form?
A: You can submit the completed RTT-BPA form to the Delaware Division of Revenue along with the required fees and supporting documentation.

Q: What happens after I submit the RTT-BPA form?
A: After you submit the RTT-BPA form, the Division of Revenue will review it and process the realty transfer tax payment.

Q: What are the consequences of not filing the RTT-BPA form?
A: Failure to file the RTT-BPA form may result in penalties and interest being assessed on the unpaid realty transfer tax.