Cumberland Municipal Court. Cumberland Municipal Court is held on the 3rd Wednesday of the month starting at 1:00 pm with the Honorable Katherine Ault presiding. COURT DATE: The Date on your citation is the date in which your citation will process through the Court. This Date is your opportunity to enter a plea to the charge.
Real Property Transfer Tax (7551) In addition, a supplemental tax at the rate of $1.50 per $500.00 of the transfer price, or fraction thereof, shall be imposed on transfers taking place on or after April 1, 2008, for the purpose of providing financial assistance to the Chicago Transit Authority (âCTAâ).
In most states, transfer taxes must be paid when a deed is recorded. Depending on your area, the tax will vary, but will be generally based on a rate per $1,000.00. For example, it may be $1.10 per $1,000.00 of value or consideration or the price paid for the property. These charges are typically paid by the seller.