Transfer taxes are any type of tax charged when the title of a property changes hands. For types of property that require a legal title (like real estate, bonds, or stocks) there is usually a surcharge by the state or local government to process the change.
Springdale is the fourth-largest city in Arkansas, and is located in both Washington and Benton counties in Northwest Arkansas. Located on the Springfield Plateau deep in the Ozark Mountains, Springdale has long been an important industrial city for the region.
Fort Smith is the second-largest city in Arkansas after Little Rock (Pulaski County) and shares status with Greenwood as the county seat of Sebastian County. Early in the history of Arkansas and the city, Fort Smith was an important point of contact to the American West.