Transfer Tax

Transfer Tax – State, county or city taxes that are charged to transfer a property from one owner to another.

  • Example: When a property is sold in LA county there is a transfer tax of $1.10 for every $1,000 of purchase price or 0.11% that is charged by the county. Some cities also charge a transfer tax on top of the county transfer tax.
Print Friendly

Facebook Comments

comments

Powered by Facebook Comments