Final answer:
The transfer tax is a tax paid upon recording a deed and is based on the value of the property being transferred, including various types of real estate. A detailed declaration of the property must be given under oath to establish the tax base.
Step-by-step explanation:
The transfer tax is an important consideration in real estate transactions. It is typically due when a deed is recorded, signifying the transfer of ownership from one party to another. The tax is based on the value of the inhabitants' property, which includes assets like houses, gardens, mills, fields, vineyards, and more. When a property owner decides to transfer their property, they must make a detailed declaration of the real estate held within the municipality. This declaration is given under oath, and from this, a value is established that will then be used as the basis for calculating the transfer tax owed upon recording of the deed.