West Virginia legislation · 2026 Regular Session
West Virginia HB4625: Relating to quit claim deeds
Status: Signed into law, March 27, 2026
What the bill says
An act to amend and reenact §11-22-1 of the Code of West Virginia, 1931, as amended, relating to exemptions from excise taxes; amending definitions; removing the exemption from excise taxes for certain transfers; and adding an exemption for certain transfers. ARTICLE 22. EXCISE TAX ON PRIVILEGE OF TRANSFERRING REAL PROPERTY. §11-22-1. Definitions. As used in this chapter: "Association" means a partnership, limited partnership or any other form of unincorporated enterprise, owned or conducted by two or more persons. "Corporation" means a corporation or joint-stock association, organized under t.
From the enrolled text, March 14, 2026:
AN ACT to amend and reenact §11-22-1 of the Code of West Virginia, 1931, as amended, relating to exemptions from excise taxes; amending definitions; removing the exemption from excise taxes for certain transfers; and adding an exemption for certain transfers. ARTICLE 22. EXCISE TAX ON PRIVILEGE OF TRANSFERRING REAL PROPERTY. §11-22-1. Definitions. As used in this chapter: "Association" means a partnership, limited partnership or any other form of unincorporated enterprise, owned or conducted by two or more persons. "Corporation" means a corporation or joint-stock association, organized under the laws of this state, the United States or any other state, territory or foreign country or dependency including, but not limited to, banking institutions. "Commissioner" means the State Tax Commissioner. "Document" means any deed, or instrument or writing by which any real property within this state or any interest in real property is granted, conveyed or otherwise transferred to the grantee, purchaser or any other person. "Document" as defined herein does not (2) Transfer of real property where the value of the property transferred is one thousand dollars or less, and for the purposes of this subdivision, "value" means the assessed value as defined in §11-1A-3 of this code divided by 0.60; (3) Testamentary or inter vivos trusts; (4) Deeds of partition; (5) Deeds made pursuant to mergers of corporations, limited liability …