DC Code Citation: Title 42, Chapter 11. 1.1 % of consideration or fair market value for residential property transfers less than $400,000; or. 1.45% of consideration or fair market value on the entire amount, if transfer is $400,000 or greater. Note: Fair market value is used when the consideration is nominal, i.e. less than 30% of FMV. Unless a salvage vehicle is being transferred between family members, or is 4 years old or newer, or the vehicle has received a smog inspection in the last 90 days, a smog check certificate will be required in order to complete the title transfer.
the disclaimer will be treated as a gift, that is, as a disqualifying transfer. Congress considers those who advise Medicaid disqualifying transfers to be criminals, although a federal judge in New York has enjoined enforcement of the 1997 criminaliza-tion statute.10 Where the institutionalized person or spouse, if Motor Boat Transfers require previous owner’s certificate of registration and/or title along with a Motor Boat Transaction Record/TC 96-184 (revised 5/00). To print this form visit the Motor Vehicle Forms page.
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