The duty of transfers of immovables is calculated on the greater consideration of either the property price of sale paid or the municipal valuation according to the following rates:

On that part of the basis of imposition

Rate

• Which does not exceed $ 50,900: 0.5%
• In excess of $ 50,901 without exceeding $ 254,400: 1.0%
• Which exceeds $ 254,400: 1.5%