Every layer that applies to a Groton sale, added up.
Verified September 21, 2026 · city ordinance and state source checked
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Who pays in Groton
Seller.
What catches people out
Groton is allowed to charge the higher 0.5 percent rate but chooses not to. It stays at the standard 0.25 percent, which makes it cheaper than the other targeted investment communities.
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Sources
Conn. Gen. Stat. § 12-494 “at the rate of one and one-quarter per cent on that portion of such consideration in excess of eight hundred thousand dollars up to and including the amount of two million five hundred thousand dollars, and ... two and one-quarter per cent on that portion ... in excess of two million five hundred thousand dollars”