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 processes Clark County's REET transactions and collects excise tax. All processed transactions are sent to and reviewed by the Washington State Department of Revenue.
REET Rates & Processing
Excise tax is due 30 days from the date of the sale and is collected by the county treasurer where the sale occurred. The tax includes both a state and local component. The state portion is calculated on a graduated structure based on the property sale price, not the value of the property. The state graduated rate varies from 1.10% to 3.00%. The local portion is a flat rate that varies by local municipality (click "Local REET Rates" below). A $5.00 transaction processing fee is added to each 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).
REET revenue pays for road construction projects in Clark County and much more
Graduated State REET Rates - Revised January 1, 2023
|
Sale price thresholds |
Tax rate |
|---|---|
|
$525,000 or less |
1.10% |
|
$525,000.01 - $1,525,000 |
1.28% |
|
$1,525,000.01 - $3,025,000 |
2.75% |
|
$3,025,000.01 or more |
3.00% |
Forms to Complete a REET Transaction
WA State Department of Revenue Instructional Videos - Completing a REETA
Completing a single location affidavit
Completing a multiple location affidavit
REET Processing Options
Real Estate Excise Tax payments and document processing can be completed in-person or by mail:
In-Person (Monday-Thursday, 9 a.m. to 4 p.m)
Clark County Treasurer's Office
1300 Franklin Street, 2nd Floor
Vancouver, WA 98660
By Mail
Clark County Treasurer's Office
PO Box 5000
Vancouver, WA 98666
Make checks payable to Clark County Treasurer
Electronic Submissions for Title Companies and Law Offices
e-REET
Title companies and law offices may submit packages through Simplifile for electronic real estate excise tax 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 Simplifile's website for more information on submitting your transactions electronically.
Note: Electronic Simplifile excise transactions are processed the same day if a complete and accurate REETA package is submitted prior to 3:00 pm.
For historical rates please click here to download the "Real Estate Excise Tax Historical Rates."