AR HB1209

Grantee or buyer of real property must furnish proof of real property transfer tax payment before the county recorder of deeds accepts the instrument for recordation.

County recorder shall not record any real property transfer instrument unless the consideration for the transfer is shown on the face of the instrument.

Real property transfer instrument must have an accompanying affidavit containing required information and documentary stamps attached evidencing full payment of the transfer tax, or have a stamped certification statement signed by the grantee with their address clearly shown.

Real property transfer instrument must contain a notation on its face that is recorded as part of the instrument stating that the consideration accurately reflects the total dollar amount paid and the value and type of any nonmonetary consideration.

County recorder shall not record any real property transfer instrument if documentary stamps are attached in a manner that makes the amount printed on each stamp not visible.