Payment of tax

The tax levied by this chapter: (1) Applies at the time of transfer; (2) Shall be computed on the basis of the full consideration for the real estate transferred; and (3) Unless agreed upon otherwise, shall be paid one-half (1/2) by the grantor or seller and one-half (1/2) by the grantee or purchaser. Acts 1971, No. 275, § 3; 1983, No. 754, § 2; 1985, No. 926, § 2; 1985, No. 1081, § 1; 1985, No. 1063, § 1; A.S.A. 1947, § 84-4303; Acts 1995, No. 383, § 1. The tax levied by this chapter: (1) Applies at the time of transfer; (2) Shall be computed on the basis of the full consideration for the real estate transferred; and (3) Unless agreed upon otherwise, shall be paid one-half (1/2) by the grantor or seller and one-half (1/2) by the grantee or purchaser. Acts 1971, No. 275, § 3; 1983, No. 754, § 2; 1985, No. 926, § 2; 1985, No. 1081, § 1; 1985, No. 1063, § 1; A.S.A. 1947, § 84-4303; Acts 1995, No. 383, § 1.