published on December 29, 2017 - 12:11 PM
Written by The Business Journal Staff

An additional fee of $75 may be charged for accepted documents for recording at the Central Valley recorders’ offices starting Jan. 1, 2018.

The fee, part of SB 2, is to be paid at the time of recording of every real estate document, paper, or notice required or permitted by law to be recorded, with the exception of those expressly exempted from payment of recording fees. It will be calculated per document at a maximum of $225. The money will support the Building Homes and Jobs Act, as adopted by the California Legislature, and may not be available for refund.

Items recorded in connection with a transfer subject to the imposition of a documentary transfer tax as defined in section 11911 of the Revenue and Taxation Code will be exempted from a fee, along with any real estate instrument, paper, or notice recorded in connection with a transfer of real property that is a residential dwelling to an owner-occupier.

 

 


e-Newsletter Signup

Our weekly poll

Are you willing to travel for business again?

Loading ... Loading ...

Central Valley Biz Blogs

Popup
shares

3/5

Article views

remaining

Sign up icon

To continue website access to

TheBusinessJournal.com

please create a FREE account OR login here.

1/5

Article views

remaining

SKIP THE POP-UPS
For only $59 for one 1-year you will receive the Print edition along with EVERYTHING The Business Journal has to offer digitally, PLUS you will have unlimited 24- hour a day access to view articles at

TheBusinessJournal.com

Use Promo Code

*New Subscribers Only

Digital and Print

XX Days Remaining

until you can view 5 more free articles

Sign up icon

Want access? Subscribe now & save $20 OFF.

Use Promo Code

WEBSUB20

* NEW SUBSCRIBERS ONLY