Real Estate Excise Taxes

Real Estate Excise Tax (REET) is the tax charged on the sale of real property. The Clark County Treasurer's Office serves as an agent of the State of Washington and all REET transactions are sent to and reviewed by the Washington Department of Revenue.

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REET Processing

Excise is due 30 days from the date of the sale and is collected by the County Treasurer's Office. The excise tax due is calculated on a graduated REET structure based on the property sale price, plus a $5.00 transaction processing fee.

The graduated rates vary from 1.10% to 3.00% and are calculated on the sale price of the property, not the value of the property.  Anytime real property changes hands or consideration of more than $10.00 is given, excise tax is assessed. When you submit your Real Estate Excise Tax Affidavit (REETA) you will be assessed an excise tax amount due. Local REET rates have not changed and still apply to the transaction. The excise tax and processing fee must be paid in full before the deed or vesting information will be recorded by the Auditor's Office recording department. A sale may be exempt from excise taxes, please refer to the Washington Administrative Codes (WACs).

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REET revenue pays for road construction projects in Clark County and much more

Graduated REET Structure

Sale price thresholds

Tax rate

$500,000 or less

1.10%

$500,000.01 - $1,500,000

1.28%

$1,500,000.01 - $3,000,000

2.75%

$3,000,000.01 or more

3.00%

Payment Options

e-REET

Clark County utilizes Simplifile for electronic real estate excise processing. Whereas most REET transactions can take 3-7 days by mail to process, Simplifile allows the Treasurer's Office to process excise transactions in 3-7 minutes (as long as all the transaction requirements are met). Please visit Simplifie's website for more information or to submit your transaction electronically.

By Mail

Payment and REET documents can be mailed to the Treasurer's Office for processing. Make checks payable to Clark County Treasurer and mail to:

Clark County Treasurer's Office
PO Box 5000
Vancouver, WA 98666

 

For historical rates please click here to download the "Real Estate Excise Tax Historical Rates.xls spreadsheet.