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

Should the City of Fresno give Grizzly Fest a longterm deal for Woodward Park?

Loading ... Loading ...

Central Valley Biz Blogs