350 NAC 52-001. NATURE OF THE DOCUMENTARY STAMP TAX

REG-52-001 NATURE OF THE DOCUMENTARY STAMP TAX 001.01 The documentary stamp tax is a tax upon the grantor for the privilege of transferring beneficial interest in or legal title to real property located in the state of Nebraska based upon the value of the real property transferred. The tax is due when a deed is offered for recording, unless it is exempt. Payment of this tax or exemption therefrom is evidenced by a stamp the register of deeds affixes to each deed prior to recording. The stamp shall not be subsequently removed from the deed. (Sections 76-902 and 76-904 through 76-908, R.R.S. 2003, and section 76-901, R.S.Supp., 2005.)