(1) The tax levied by this chapter:(1) Applies at the time of transfer;(2) Shall be computed on the basis of the full consideration for the real estate transferred; and(3) Unless agreed upon otherwise, shall be paid one-half (½) by the grantor or seller and one-half (½) by the grantee or purchaser.
(1) Applies at the time of transfer;
(2) Shall be computed on the basis of the full consideration for the real estate transferred; and
(3) Unless agreed upon otherwise, shall be paid one-half (½) by the grantor or seller and one-half (½) by the grantee or purchaser.