Taxation
Documentary Transfer Tax
A concise definition for the California Real Estate Exam study guide.
Definition
California documentary transfer tax is charged on qualifying transfers of real-property interests. The county rate is commonly stated as $0.55 per $500 or fraction thereof, with some cities adding a local tax; the agreement determines who pays.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 14: Taxation, Licensing & DRE Regulation →