Start with the recorded facts
Delaware recorders keep deeds, mortgages and releases, and state law recognizes liens for specified property taxes and public charges. A vacant property that has gone unpaid may carry more than a mortgage. Ask the title company for a full search and a payoff list before you accept any number. The transfer tax is a separate item: 3 percent at the state level, or 2.5 percent where the full local tax applies, with the state charge divided equally between grantor and grantee by statute.
