Define who the two parties are in the promissory note agreement and include contact information. The promisor, also known as an obligor, is the person getting the loan and promising to repay it under the contract terms.The promisee, otherwise known as an olbigee, provides the principal loan value.efine who the two parties are in the promissory note agreement and include contact information. The promisor, also known as an obligor, is the person getting the loan and promising to repay it under the contract terms.
Calculation for Wisconsin Real Estate Transfer Fees: September 1, 1981 through the present, the fee is 30 cents per $100 ($3.00 per $1000). To compute the consideration from the transfer fee shown, take the transfer fee, divide by 3 and multiply by 1000.
PENNSYLVANIA DEED TRANSFER TAX. If youâre purchasing a home in Pennsylvania, one of the closing costs you will incur is the Pennsylvania state deed transfer tax. Think of the transfer tax (or tax stamp) as a sales tax on real estate.The State of Pennsylvania charges 1% of the sales price and the municipality and school district USUALLY charge 1% between them for a total of 2% (i.e. 2% X 100,000 = $2,000). By custom, the buyer and seller split the cost.he PA deed transfer tax is not charged on refinance transactions. . . only on property transfers (i.e. sales). Pennsylvania DOES NOT have a mortgage tax or revenue stamps.