§ 26-60-106 - Payment of tax.
26-60-106. 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.