Establishes a real estate transfer fee in Arlington, Massachusetts, for property transfers above a certain price threshold.

The bill establishes a real estate transfer fee in the town of Arlington, Massachusetts. The fee applies to transfers exceeding a threshold price, set between 50% to 150% of the state median sale price of a single-family home. The fee rate is between 0.05% and 2% of the transfer price, determined by the town meeting. Exemptions include transfers below the threshold price, gifts between family members, and transfers to charitable or religious organizations for affordable housing.

Establishes a real estate transfer fee in Arlington, Massachusetts, for property transfers above a certain price threshold.

The bill establishes a real estate transfer fee in the town of Arlington, Massachusetts. The fee applies to transfers exceeding a threshold price, set between 50% to 150% of the state median sale price of a single-family home. The fee rate is between 0.05% and 2% of the transfer price, determined by the town meeting. Exemptions include transfers below the threshold price, gifts between family members, and transfers to charitable or religious organizations for affordable housing.